We get talent and scale from mergers.
Sentiment: POSITIVE
Mergers generate substantial synergies.
Today, the biggest bottleneck to the growth of a corporation is availability of good talent.
A great advantage of a large corporation is supposed to be the large pool of talent in which its leaders can find and groom high achievers and successors.
Reasonable mergers generate substantial synergies, so that provides for earnings and cash-flow growth even if it doesn't provide for revenue growth, and I think that's a big driver.
We continue to look at accretive and synergistic acquisitions both in the domestic as well as international markets. Our emphasis, thus, will be on strategic acquisitions, and we will not be doing it just for the sake of making our name bigger.
Again, talent is the real import of being in the business.
We have a wealth of talent in the Republican Party.
Our opportunities to do good are our talents.
Typical mergers happen when there are two competitors coming together, and they reduce overhead.
Our industry has invested so much money in technology that perhaps it's time to invest in talent, in people.
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