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Univec Conglomerate Inc UNVC
(Total Views: 502)
Posted On: 04/03/2022 7:42:32 PM
Post# of 86963
Posted By: Dimes
From Investopedia - Business Consolidation Definition :

"The term business consolidation refers to the combination of different business units or companies into a single, larger organization. Business consolidation is a legal strategy that is often initiated to improve operational efficiency by reducing redundant personnel and processes. Often associated with mergers and acquisitions (M&A), business consolidation can result in long-term cost savings and a concentration of market share no matter how expensive and complex it may be in the short term."

I found that particularly interesting the combination of companies into a single larger company AND "often associated with mergers and acquisitions" so for him to reply to Doc and say you made it happen says a lot to me. Wording it as if it has happened. Looking forward to what Q1 tells us and expect some more announcements or PRs before then













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