The solid vote to approve the merger comes from Orson G. Swindle 3rd, a Republican of populist leanings who was a top aide to Ross Perot's presidential campaign nearly a decade ago and is often mentioned as a contender to head the agency if George W. Bush becomes president.
Sound execution of the Nextel merger, combined with solid organic growth and opportunistic deal making, has positioned Sprint as the best growth opportunity in the wireless space.
Immediately following the demise of the merger talks, the firm posted solid first-quarter results, growing revenue 42% year-over-year and 5% sequentially.
Bankers Trust gave Deutsche Bank a solid position in arranging midsize mergers and securities trading.
No one's upset about the U-turns, because breakups, unlike mergers, have a solid track record.
But even without a merger, he says, this a solid company.
Among the other drivers of the solid market performance Monday, analysts said, were mergers and corporate earnings.
As usual, there's no solid info, only cryptic clues, starting with the stated merger with a company called GOOD: "the visionary architects of our bold, new, creative, and hopeful society".
The lesson should be fairly simple: mergers can work if the blueprints are solid.
Whatever the case, three decades after this sort of deal-making burst onto the scene in the merger mania of the 1980s, there are surprisingly few solid answers from either side.
