Re: The big four way

Posted by Steve203 On 2014/8/23 17:11:40

It was on the understanding that he could tackle something like this that Nance took the Packard job."

Well, that confirms what he told Langworth with regard to the condition of him taking the job being that he had a mandate to execute a merger.

Barit was willing to sept aside. Vance and Hoffman stepped aside. Didn't it occur to Nance to ask just what Mason's intentions were? I mean, if you tell me that someone else, who is President of a company larger than mine, wants to merge with my company, my first question is "what happens to me?"

Again, the question comes up, given the details of the deal according to Nance, if he knew that structure going in, why did he conduct such a far ranging search for a merger partner? Why didn't Barit seem to know about the grand plan in the summer of 53 when he contacted Packard?

If everyone is being reasonably honest in how they were thinking, then there may have been a breakdown in precision of language. Someone said "Mason has an idea", which was heard as "Mason has an agreement in principle"