REY ELBO
MERGERS and acquisitions are old textbook tricks. Company A enters into a partnership with Company B to combine their forces and double their strength to beat Company C. Sooner than you can imagine, you’ll hear nothing about Company B as it has been eased out of the picture. Look at what happened in the telecom industry, when Smart partnered with the Gokongwei family-owned Digital Telecommunications (Digitel) as a strategy meant to beat Globe. We hear nothing about Digitel now.