Why do they call it a merger, when in reality it’s just a handover of the assets.
Interviewing PE employees for the positions of those who were let go in October. Business needs my a....
The level of dishonesty is beyond.
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Wall Street would call in an M&A, it wasn't a cash deal, PNR stock was given to PE stockholders. The end game dilutes the earnings for the combined companies is 2021and gives PE partial ownership via common stock in Pioneer, and two positions on the board. Bet PE's CEO is the next CEO of Pioneer. Pioneer accepted PE debt obligations
I’ve only heard it called an acquisition since the beginning
The management never cared about the employees and it truly is for the upper management and stock holders on an epic scale.
Both companies belong to its executives. Everything is done so that they can become even more rich. If you think or ever thought that anyone cares about the employees, you are delusional.