The Genius of Management...One week the expert analysts are tut-tutting and shaking their heads in bafflement about the logic of this deal - come Monday they will be drooling of a 'strategic partnership' that may result in a good portion of the upside of an acquisition at a fraction of the cost but with no real downside.
Who's to say this wasn't management's strategy from the get-go? After all, the best way to get a company's attention is to make an offer for them. This will be a win-win for botth companies, the French government AND us shareholders who bought on SP weakness that was a nonsense to start with.