90 Day Review For GM Merger

90 Day Review Period for GM Merger

Rick Wagoner and Carlos Ghosen have agreed on a 90 day confidential review period to examine a potential merger or other combination between the firms. The review period will probably not result in a concrete merger proposal, but could result in a no-go decision. When I imagine reviewing GM's financial condition, I immediately think of Heisenberg's uncertainty principle, which, paraphrased, states that you can't know the location of an object and its speed at the same time. A snapshot of GM's finances means nothing if you can't tell how the business is changing.

http://www.autoblog.com/2006/07/15/wagoner-and-ghosn-meet-90-day-confidential-review-decided-upon/