Expansion????

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Pfizer expanded before their merger as well then laid off all new reps plus several others 8 months later. Shire expanded 6 months before the lay off in 2012. Who knows why companies do it, but I suspect it's a game they play for shareholders. Stake holders like to see expansion and growth.
 






Anonymous said:
Pfizer expanded before their merger as well then laid off all new reps plus several others 8 months later. Shire expanded 6 months before the lay off in 2012. Who knows why companies do it, but I suspect it's a game they play for shareholders. Stake holders like to see expansion and growth.
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I want to know the "why". I don't see the need to impress shareholders when our stock is through the roof and the Abbvie deal will happen.
 












Anonymous said:
The deal can still be stopped. Do some research on the terms of the merger. More importantly "who" can nix it.
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Finally someone that understands the corporate game. Its the same game being played on wall street year after year. I am amazed that it still works, but people only want to see what they want to see.
 












Anonymous said:
Please elaborate. Do you think the deal will not go through? Who will nix it?
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Investors can still nix the deal. Take a look at the recent bloomberg reports on this merger. Abbvie is now having to borrow 7B more to make this work. What best way to get investors to lend you money? Show financial growth and expansion. What is the best way to get denied money? Stop hiring and start laying off folks. Just read the reports and you will understand the dynamics pretty well.
 






Anonymous said:
Investors can still nix the deal. Take a look at the recent bloomberg reports on this merger. Abbvie is now having to borrow 7B more to make this work. What best way to get investors to lend you money? Show financial growth and expansion. What is the best way to get denied money? Stop hiring and start laying off folks. Just read the reports and you will understand the dynamics pretty well.
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Thank, I took your suggestion and read it. One thing that interested me was that Jack Lew The Treasury Secretary announced the restrictions on Sept 22, but Perry sent an email on the 15th announcing the plans to expand.
 






Anonymous said:
Thank, I took your suggestion and read it. One thing that interested me was that Jack Lew The Treasury Secretary announced the restrictions on Sept 22, but Perry sent an email on the 15th announcing the plans to expand.
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The restriction was announced on the 22nd but it's been in the works and in the news for quite sometime. Why do you think there was a opt out clause written in the merger paperwork? You really need to understand corporate business and the laws.
 












Anonymous said:
Thank, I took your suggestion and read it. One thing that interested me was that Jack Lew The Treasury Secretary announced the restrictions on Sept 22, but Perry sent an email on the 15th announcing the plans to expand.
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Just keep your head buried in the sand. Perry and the people in charge of Perry got word like everyone else who has been following this merger. The treasury announcement came as no surprise to anyone other than those not following the issue or not directly impacted.
 






Anonymous said:
Thank, I took your suggestion and read it. One thing that interested me was that Jack Lew The Treasury Secretary announced the restrictions on Sept 22, but Perry sent an email on the 15th announcing the plans to expand.
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Ok, sweetheart. Just keep making your calls....be happy with the news given to you by management. I will try to act surprised when they tell you in 6-8 months that they will be "right sizing" with the merger.
 
























Anonymous said:
so what is the severance package and would new reps even qualify?
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According to Abbvie's board the severance policy is 1 week per every year employed. If you are over 40, an extra week. Pretty stingy. Don't know if new employees would be eligible if they have been employed for less than a year, but I would imagine they would round up.
 






Anonymous said:
According to Abbvie's board the severance policy is 1 week per every year employed. If you are over 40, an extra week. Pretty stingy. Don't know if new employees would be eligible if they have been employed for less than a year, but I would imagine they would round up.
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Will we all lose tenure because we will be employed by AbbVie at that point? So.....basically we would all be screwed & get one week regardless of the fact that some of us have been employed well over ten years with Shire?
 






Anonymous said:
Investors can still nix the deal. Take a look at the recent bloomberg reports on this merger. Abbvie is now having to borrow 7B more to make this work. What best way to get investors to lend you money? Show financial growth and expansion. What is the best way to get denied money? Stop hiring and start laying off folks. Just read the reports and you will understand the dynamics pretty well.
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This may be one of the most inaccurate and ridiculous posts on this thread. Makes no sense and is completely wrong. Seriously stick to delivering lunches you really couldnt be further off from the way things take place in an acquisition.
 






Anonymous said:
This may be one of the most inaccurate and ridiculous posts on this thread. Makes no sense and is completely wrong. Seriously stick to delivering lunches you really couldnt be further off from the way things take place in an acquisition.
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Not the op but this poster is not 100% accurate but very close.
 












Anonymous said:
Optimists welcome the future, pessimists fear it. Keep on fearing it people and let me climb the ladder.
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Easy to be optimistic when your salary and bonus was negotiated in the merger contract. I would be pretty optimistic if I were you too. For us peons who have families to support we need to plan ahead. Yes, that involves sifting through the management BS and "transparency".
 






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