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Analysts say there is not a one-size-fits-all model for this merger wave.
"I must ensure that industry and consumers in Belgium and France do not pay the price for this merger," said Neelie Kroes, the European Union's competition commissioner.
The name of the new company will be a critical factor in determining support for this merger, both in the regulatory review process as well as in the court of public opinion.
A. Eugene Sapp, SCI's chairman and chief executive, said in a conference call, "We believe the timing for this merger is almost optimum as we look ahead to recovery and a very large number of substantial opportunities that we believe the two organizations can jointly participate in".
As for this merger's merits, there was a grain of truth in the core arguments on both sides.
Any hint of trouble for this merger may not surface for months, however, because analysts predict the regulatory review could continue well into 2001.
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"The changes really endorse the management that was already there, the management that was responsible for conceiving of this merger in the first place," said Michael Lynne, a chairman of New Line Cinema.
In spite of this merger, for decades afterwards, horses from Anglo-Norman bloodlines were clearly identifiable within the Selle Français due to differences in conformation.
He acknowledged that the firm had seen "marginally higher costs for accomplishing this merger" than had been anticipated, and that "people weren't happy about that".
Also, years of cost-cutting have squeezed out most potential savings, so firms are increasingly concluding that the likeliest way to cut costs further is to exploit the synergies of a merger with a similar firm.Indeed, the greater potential for synergistic mergers is one reason for hoping that this merger wave will deliver better results than most past waves have done.
Oracle will most likely have to increase its bid for PeopleSoft once this merger is completed, according to most analysts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com