Clydes set to cherry-pick BLG teams pre-merger

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  • no wonder Roger is chuckling!

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  • Jabba the Cut NOT amongst them, we hope!

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  • hmmm, where have we heard this before. Clydes pretend to merge with a firm, then once they have got the firm unsettled, they turn round and say now we don't want you all anymore, but we want this department and that department only, and yes thanks we will take all your clients from the whole firm. It happened to Shadbolts, where the end result meant two thirds of the firm losing there jobs. I hope Clyde & Co will one day be made to pay.....

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  • This could be a tactic from Doulton to destroy the merger. I think he has perhaps planted this story. He wants to scare the BLG partners into thinking that their name is not on his "list", so that they will vote down the merger.

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  • The BLG partners will doubtless be aware of any list before approving any deal so to suggest they will be scared by stories is inane. Clydes cannot be faulted for clearly setting out their requirements.

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  • This always struck me as one of the potential stings in the tail for this deal: how would Doulton and his fellow defectors from BLG feel about a merger? It would seem he has been given the role of Kingmaker - so presumably not so bad! I'm sure enemies have been made along the way and there will be some blood on the carpet.

    I think the decision re the ex Halliwells team in Manchester will be interesting.

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  • Anonymous at 12:52pm 25 July 2011 - did you work at Shadbolts?

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  • One can only assume that 75% of BLG's 98 partners are on The List, otherwise it will be challenging to get the vote through.
    It's a great opportunity for BLG to offload the remainder of its dead wood and blame it on Clydes.
    So much for this being a merger. As previously predicted, it's a fire sale.

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