Comments on: EDS’ Rittenmeyer On The Hewlett-Packard Deal http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/ FrontBurner® has been called the best blog in Dallas (repeatedly), a snarky celebration of ignorance, and a daily conversation about Dallas among the editors of D Magazine. Sat, 21 Nov 2009 03:20:29 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Heartburn Home Remedy http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/comment-page-1/#comment-68113 Heartburn Home Remedy Wed, 15 Apr 2009 11:31:35 +0000 http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/#comment-68113 This topic is quite hot in the net right now. What do you pay attention to while choosing what to write about? This topic is quite hot in the net right now. What do you pay attention to while choosing what to write about?

]]> By: Eric http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/comment-page-1/#comment-27305 Eric Tue, 13 May 2008 17:10:33 +0000 http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/#comment-27305 When is the last time one of these mega-mergers actually contributed to a) shareholder value, b)customers, c) the public good ? My observation is that the fat-cats at the top walk away with millions as do the M&A attorneys and hacks. Thousands are laid off - which may not be a bad thing but note too how the announcement emails always instruct the worker bee to "keep working hard (even though we will crush the careers of thousands of you)" Seems to me to be the current incarnation of the art of raiding assets from a public company. The boards are packed with said fat-cats at the top so they have skin in the M&A and are mum. It would be interesting if you post a follow-up one year from today to tell us who the winners and losers are. My money is on: Winners: C-level members of both companies and M&A legions Losers: Average shareholder, customers of both firms, worker bees When is the last time one of these mega-mergers actually contributed to a) shareholder value, b)customers, c) the public good ?

My observation is that the fat-cats at the top walk away with millions as do the M&A attorneys and hacks. Thousands are laid off – which may not be a bad thing but note too how the announcement emails always instruct the worker bee to “keep working hard (even though we will crush the careers of thousands of you)”

Seems to me to be the current incarnation of the art of raiding assets from a public company. The boards are packed with said fat-cats at the top so they have skin in the M&A and are mum.

It would be interesting if you post a follow-up one year from today to tell us who the winners and losers are. My money is on:

Winners: C-level members of both companies and M&A legions
Losers: Average shareholder, customers of both firms, worker bees

]]> By: Glenn Hunter http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/comment-page-1/#comment-27300 Glenn Hunter Tue, 13 May 2008 16:39:30 +0000 http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/#comment-27300 Good question, Steve. But officials with the tournament say this morning that it's too early to tell. Good question, Steve. But officials with the tournament say this morning that it’s too early to tell.

]]> By: steve http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/comment-page-1/#comment-27299 steve Tue, 13 May 2008 16:30:54 +0000 http://frontburner.dmagazine.com/2008/05/13/eds-rittenmeyer-on-the-hewlett-packard-deal/#comment-27299 Wonder what this merger/acquisition does to EDS' sponsorship of the Byron Nelson golf tournament (if anything) Wonder what this merger/acquisition does to EDS’ sponsorship of the Byron Nelson golf tournament (if anything)

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