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Showing posts with the label M&A

Carly Fiorina Enters the Race

If all has gone well of late, I;m on vacation as you read this. I'm posting stuff prepared well in advance, so take that into consideration if the references seem dated.  Fiorina has run for public office exactly once. She ran for a U.S. Senate seat in 2010 and lost, to incumbent Barbara Boxer. Now she is running for the Republican nomination for President of the United States. She is most vividly known (by the portion of the non-California public to whom she isn't just "Carly who?") as the former CEO of Hewlett-Packard, whose one signature initiative was the company's merger with Compaq.  She was fired for that, because her board thought the initiative a bungle. Yet she will argue that she was in the right, that the combined company is nowadays stronger than either or both of them would have been without her. Presumably if her campaign catches any wind under its wings at all, she'll have plenty of opportunities to make that case. But what strikes me ab...