“Merger of equals” is a nice phrase….brings to mind harmony, togetherness, compatibility, and a common concern for the well-being of one another.
It’s also, for the most part, a total fabrication.
If you’ve been through a merger, you already realize this. If, on the other hand, you’re viewing this with cocked eyebrow and a look of disbelief, consider the code broken.
In an effort to minimize the emotional response of employees involved in an acquisition, you’ll hear terms that are meant to remove the sting. Referring to a merger as an “equal” proposition rarely does the deal justice. Somebody is the winner, somebody is the loser.
If you’re unsure which category your company falls into, well….I’d like to invite you to my next poker game.