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| Joined: | Sun Sep 4th, 2005 |
| Location: | Florida &, Arizona USA |
| Posts: | 11288 |
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In my experience, rarely does an acquistion result in the acquired being allowed to continue doing business as usual. No matter how many times the companies say things won't change, they do.
So, we will have to see. I would guess Seiko will push for broader distribution of the line in the U.S. as a start. Meaning Department stores, Discount stores, etc.
I would say in the typical acquisition, you would be 100% correct, but the difference here being that Seiko already had (and has had for some years)the ability to "take over" the company. They owned 52% of it which is controlling interest in anybodies' book. At 52% ownership, they chose not to make changes...I'm not sure why an additional 28% would...it doesn't give them anymore "power" than they already had.
Time will tell!