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From the Northeastern Section of the ACS, focusing on career management and development
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11/26/18
Economics of the Chemical Enterprise. 6. Take-overs, Mergers, and Activist Investor Break-ups
Filed under: Recent Posts, Interviewing, Position Searching, First Year on Job, Legal matters, Observ. Trends, Alternate Career Paths
Posted by: site admin @ 7:45 pm

The Chemistry Profession encourages through the
training institutions focusing attention on exclusively
the technical side of the business.  So much of what
we face in the industrial and government realms
involves ECONOMICS.

.
This blog has offered several glimpses via entries on
this different perspective.   I could not help but exclaim
“wow” when CEN covered a story about Bain and
Pfizer forming Cerevel (10-29-18, p. 14).  The same
issue reported Deerfield and UNC organizing a
curious partnership (p. 15).
.
Dow and DuPont dominated CEN 11-19-18) after
their merger and activist investor inspired breakup
of various lower performing divisions.  (pp. 11, 22ff)
.
The latest news is from United Technologies breaking
up into three separate companies.
All these activities remind me of bank buyouts,
ESOPs (Employee Stock Ownership Plans) and 
rapid turnover of company leadership and philosophy
of the 1980s.  
So, please study and become aware of the
economics 
of the industries 
chemistry leads you into. 
Your success, stability and satisfaction will require it.

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