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BLG chief exec: Clydes deal is no rescue merger
@Anonymous | 6-Jun-2011 3:35 pm
I'd like to quote the Beastie Boys to you and say: "It's sabotage!"
But, seeing the following quotes from BLG this week - which rather gives it away, it seems they may have leaked in order to try and drive this through - i.e. let the media and the market push this one along by presenting the BLG partnership with a fait accompli they cannot escape from.
Mind you, risky strategy - many BLG partners will simply vote for this for fear of no alternative, keep their heads down, and then head for the exits as soon as the ink is dry. (And then there's the ones who'll be pushed........)
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