Posted on 04/10/06
Merger milieu is suddenly a lot friendlier
As far as corporate mergers go, it wasn't exactly a hot play: a modest, $175-million deal that united two stodgy players in a decidedly mundane industry, propane.But the merger three years ago of Superior Propane Inc. and crosstown Calgary rival ICG Propane Inc. -- against bitter objections by the federal government's competition watchdog -- has had an explosive result. It prompted the federal government last week to reverse what many saw as an outmoded competition stance by opening the door to high-synergy mergers between major industry competitors.
The full text of this article has 830 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
