The nightmare is almost over!!

The sale of Alcon out from under the Novartis wrecking ball is about to happen. Word is that everyone is tight lipped after Joe's visit to Ft Worth as due diligence is underway. Alcon will never be as it was prior to the aquisition but the sooner Basel is gone the better

 

FAKE NEWS.

Alcon won't be sold. We will be IPO'd eventually but not anytime soon.

 

https://www.bloomberg.com/gadfly/articles/2017-04-20/novartis-alcon-sale-will-take-a-bargain-price

 

Not anymore with Alcon but painful to read it being described as a thorn in Novartis side...
Why doesn't the article say that when they purchased the company it was a Rose and NVS made it a thorn

 

See? Fake news. The article quoted above confirms this. It states that we are still for sale and that Bank of America was hired to evaluate how much Alcon is worth. No one has purchased Alcon yet and we will most likely be spun off at sometime in the future.

 

And the nightmare continues on...

 

Swing and miss.

 

But the employee survey said everyone was happy...

 

As reported in the New York Times and Washington Post.

 

50 more layoffs in Fort Worth announced by Novartis today. Yay! July 28th.

The nightmare continues...

 

Me! Me! Pick me! Pay me a severence and let me wake up from this nightmare.

 

We are overpriced which is why we haven't been sold.

 

25 billion dollar price tag.

 

And that's after they stole Pharma away...

 

More layoffs today!!

 

Where and what dept?

 

IT, data management, some sales...

 

I can picture the Canadian used car salesman and the Scottish chainsaw Cfo fast at work! Anything to turn this shit co to proft and then sell! Nice

 

The new buyer will probably cut 50% of the sales force. I would

 

When will these layoffs happen