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Nike has owned Converse since 2003: Should large companies be more transparent about their acquisitions?

  • Yes, large companies should be more transparent about their acquisitions.

    Yes, large companies should be more transparent about their acquisitions. Nike should have let it be known that they had acquired Converse in 2003. This would have allowed potential customers to consider whether or not to buy a product manufactured by Nike. The decision to not let this be known was irresponsible.

  • Yes, large companies should be more transparent about their acquisitions.

    Yes, large companies should be more transparent about their acquisitions because it will seem a little fishy if they keep them quiet. What are they tried to hide? If they are not open about their transactions, then they must feel they are doing something wrong. We should hold them accountable.

  • Yes i agree

    It is right to say that large companies should be more transparent about their acquisition. Some companies are known to illegally do other stuff rather than the main business to acquire assets. Despite this, i would like to say that Nike is a big company and has been famous for years, we shouldn't doubt them.

  • Why should they?

    If a company wants to keep its acquisitions a secret, who has the right to tell them that they have to make it public? Who knows, Nike might have wanted to keep a secret because they felt that if they had disclosed that to the public, then they might have lost revenue. I believe they have every right to keep it a secret if they want.

  • Companies do not need to broadcast acquisition intentions

    Companies do not need to broadcast their intentions to acquire a specific company. Doing so would harm its negotiating position, since everyone would know its intentions. Management should be transparent regarding their intentions about overall acquisition activity and the size of the deals it is seeking, but not regarding a specific company.


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