Wednesday, August 31, 2005

Adobe, Macromedia CEOs Speak Out -

Adobe, Macromedia CEOs Speak Out - "Both companies are very strong financially. But what happens after the merger? When will shareholders see the results?
Chizen: We'll give more guidance of our expectations after the acquisition closes. Right now, we're focused on moving through the approval process, closing the transaction and keeping our day-to-day business on track. What we have shared is our expectation that the acquisition will be break-even or slightly accretive to earnings within the course of the first year of the combined companies' operation, presumably our fiscal year 2006.
Elop: You didn't really expect me to answer that, did you?"

No comments: