Major Merger

Big news out of the Big Apple this week: two major powerhouses on the scene have taken initial steps toward what most analysts believe will be one of the historic mergers of our time. Though neither party involved in the proposed Duffey-Thermansen merger is providing a detailed timeline at this point, experts are saying that there is every indication that the deal will be done by the approach of Q3 2008. "It is a classic 'brains and beauty' deal, with each side bringing something useful to the table" one analyst opined on the news. "A win/win situation and the growth potential is sky high," another stated. The market as a whole reacted favorably to the news, while certain related industries were going on record as early as yesterday with marked enthusiasm. The sharp rise in champagne futures and the major price bump in silk textiles were only two of the early indicators of the sustained impact this merger will have.