RE:RE:AEZS should liquidateTencents wrote: The Harvard Business Review states almost 90% of mergers fail
this is mainly due to culture differences/poor communications and integration difficulties
Gilles has been with AEZS for five years. They know eachother. CZO is mainly using AEZS as a source of funding given AEZS's cash, cashcow diagnostic, and tax loss carryforwards. The funding is being used to fuel CZO's own growth. The diagnostic can even be sold and turned into a PGX plant.
Without this source of funding CZO may be looking at a regular financing with a full warrant. According to Ronnie Miller the merger makes the most sense. The merger can be seen as two C$100 million market cap companies coming together to fuel CZO's growth.