RE:RE:RE:The Boredboazklinghorn wrote: All good points Ciao, I am still pondering the details but one thing I know for certain is;
12 years into his tenure we are at the same price as ten years ago
Gilles has been paid every single month of that time.
Now after running CZO down to breakup value and ignoring shareholders for years Gilles is doing a deal that will benfit him ten times more than anyone else.
This is the thing. At best this merger is a lateral move, painted as some sort of synergistic slam-dunk when in fact money and resources are simply moving from one company affiliated with GG to another company affiliated with GG. There's no symmetry in their respective product pipelines (not that CZO is in a rush to bring anything to market). It feels like a shell game, with the only winner being GG.