Back to the idea that big corporate deals often kind of suck for the people on the ground:
The owner and operator of the major showrooms at the High Point Market has outsourced its housekeeping and security work...
...International Market Centers bought the International Home Furnishings Center, Showplace, the former holdings of Merchandise Mart Properties Inc., which includes Market Square, and the World Market Center in Las Vegas. The $1 billion deal gave International Market Centers a corner on the U.S. home furnishings trade show field...
...One of the sources said that employees affected by the outsourcing were offered jobs with the contractor at noticeably lower pay levels.
Looks like M&A season is open.
Not unrelated: How Pittsburgh is surviving after the HQ are gone.


How did you make out on the Heinz deal? Did you get the same tip on call options earlier this week?
Posted by: Kim | Feb 15, 2013 at 09:40 AM
I've gotten decent prices on the large squeeze bottles, but that's pretty much the extent my portfolio exposure.
Posted by: Ed Cone | Feb 15, 2013 at 09:53 AM