Started Jul 3, 2011 | Discussions thread
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Robert Hoy
Senior MemberPosts: 1,572
yes like Sears and Kmart
In reply to foivosloxias, Jul 9, 2011

foivosloxias wrote:

I am very skeptical about this. This is what I've been reading around the web:

"Both companies have been struggling, Pentax sales were down 10-13%, Ricoh's market cap is about $8b, but this is down from $15b in 2007, despite the change in the $ rate against the Yen, which is a concern. By comparison Hoya was rated at $9.9b."

Yes this is like how no one was really getting excited over Sears and Kmart merging a few years ago because they were both companies with decreasing sales. All it's lead to really is appliances being sold at Kmart.

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