i love this thread, definetly be going through another box of tissues tonight as i read through this tonight!
I am interested to read the Merg point of view, dont get me wrong I dont hate the Merg or begrudge them and the refs their GF win (just kidding)..lol. I just dont think its right to discard the Steelers aspect and partnership. I will say it 100 times it was a merger not a take over or aquisition........ there is a massive difference.
Lets take the buisness module to clearly understand the situation.
The terms
merger and
acquisition mean different things. When one company takes over another and clearly establishes itself as the new owner, the purchase is called an acquisition. From a legal point of view, the target company ceases to exist, the buyer "swallows" the business and the buyer's stock continues to be traded.... this is an acquisition!
A merger happens when two firms agree to go forward as
a single new company rather than remain separately owned and operated. The stocks are surrendered and new company stock is issued in its place. For example, in the 1999 merger of Glaxo Wellcome and SmithKline Beecham, both firms ceased to exist when they merged, and a new company was created called GlaxosmithKline with a new stock.