07 October 2009

The Good, the Bad and the Ugly

In case anyone is interested in a buyout update - considering I have nothing else of interest to report - here's what I've learned so far:

The Good
It turns out Emerson is a pretty darn good company.

They were named a Top Place to Work in 2009, they are a $24.8 billion company which is roughly 20x larger than our company, and they had enough cash on hand to lay out $1.2 billion for us, without blinking.

Also, their CEO - if he is to be believed, and I think he is - is extremely interested in preserving our brand, which is great for marketing personnel (moi) and Emerson has left their last five acquisitions pretty much as they bought them.

So there is hope. I am hopeful. I may also be in denial, but that's okay...I like denial...it's pretty here. Ooo! Is that a unicorn?!

The Bad
We got bought. Duh.

Also, several of our product lines compete directly with their products. In some areas ours are the stronger offering and in some areas theirs are clearly better. It will be interesting to see how that all shakes out.

The Ugly
Lady Gaga. I mean, seriously, WTF?

5 comments:

Alicia said...

that ugly is pretty friggin ugly! and i'm glad that you got bought out by a good company though...i think... right?

Donna in AL said...

The good is good, the bad may turn out to be the good and the ugly. . . agreed . . . WTF?

The Peach Tart said...

I hope it all works out for you.

fickleinpink said...

the good, could be great! the bad, could be a blessing in disguise, and the ugly, so true!

just minglin' over your place!

xoxo

Governor Jen said...

When my husband's company "merged" it took a year post-merger for anything to be different. The land of limbo until it does really sucks though. If you're looking for a job in Milwaukee, I can help. :-)