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Sunday, April 15, 2007

Company buyout binge is most like a garage sale

We're getting into garage-sale season around here, which means that those who hold such events will, in addition to figuring out how to deal with those who show up at dawn's early light (two days early), also have to label very clearly what is and is not available for purchase.

The garage sale analogy is the best way to understand what's going on with the current buyout binge, one that if it hasn't already affected a company you work for or do business with, soon will.

That we're in the midst of a buyout binge isn't in itself terribly remarkable. Mergers and acquisitions are prone to cycles, and this happens to be the robust part of one.

Company buyout binge is most like a garage sale

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