To "get a gripp" I doubt you spent as much time with Mr and Mrs K as you claim. If you had ....you would try to put down that bong pipe for one moment and remember that Mr. K sold his company to Dow Chemical an ....American company ......not to a European Company! The truth is the greedy French are less concerned with employee's and shareholder's ........and more concerned with sucking the profits $$$$$ back to Europe!
To "jackdaniels", you don't seem to understand that when discussing huge multinationals, there is no such thing as an American company or a French company. The shareholders are everywhere. The profits go to the shareholders in the form of dividends and stock appreciation. Although I don't have the specifics, you can bet that Americans own more of Aventis than the French.
Please explain to me how the "greedy French" could possibly "such the profits" back to Europe?
Finally, if Dow Chemical were such a great American suitor for Marion Labs, why was Marion Merrell Dow sold to Hoechst with 5-6 years?
To "get a gripp" I was pertaining to your previous post..... you kind of made it sounded as though Mr. K sold to the French, I was just clarifing that it was an American company he sold to. As for "their is no such thing as an American company or a French company.".... Let me answer you by say this...... if you have ever watch CNBC (stock channel) especially when they have analysist on their discussing the Pharmaceutical Industry and talking about the different Pharmaceutical companies (good or bad) you usually hear names like Merck, Pfizer, J&J, Lilly, etc..... you never hear anything mentioned about a Pharmaceutical company named Aventis....,why do you suppose that is? I mean... "if Aventis is a huge multinational company and there is no such thing as an American company or a French company", like you say, then why is that? "As for the shareholders are everywhere and the profits go to the shareholders in the form of dividends" you are correct to a point..... yes, a small percentage of the profit does goes back to the shareholders in the form of dividends, however the larger percentage goes back to the company! As for the "stock appreciation", I think in this case it would be fair to call it a stock depreciation...... if you look at the 52 week chart you'll see why. As for the greedy French.....all I'm going to say is I been there and done that...... and because of that I predict Aventis to merge again in the next 18 months, I sure hope I'm wrong on that. As for your last question about Dow Chemical.....I never said Dow was a great suitor for Marion Labs, for that matter I never said any American company was. My question to you is.....over the last couple of weeks Wall Street lowered Aventis earnings forcast 10% from its previous forcast..... in relation to unforeseen problems in the pipeline......care to comment?