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04-10-2007, 05:21 AM   #1
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Looks like the deal is off

Pentax calls off Hoya share-swap merger plan | News | Mergers/Acquisitions | Reuters

At least for the moment.

04-10-2007, 07:32 AM   #2
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Yes, it looks that way. I hope Pentax can get some guarantees from Hoya regarding the camera side of things and they can come to a new agreement. I personally think Pentax needs a partner with deeper pockets, but not Samsung. I had both hopes and worries over the merger as originally stated.

NaCl(end of act one on this, but the story ain't over yet)H2O
04-11-2007, 04:10 PM   #3
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I am not at all unhappy about the breakdown. Pentax was too much of a junior partner in this arrangement and junior partners don't have a history of doing well. I have very little hard information to bring to the discussion, so all I can say is I am suspicious that Hoya's interest was mainly in the Pentax optical division.

Mergers do not have a happy history for smaller companies.

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