Re: ADT-Broadview reaction

[nick markowitz <nmarkowitz@xxxxxxxxx>]

On Jan 28, 7:13=A0pm, Jim Rojas <jro...@xxxxxxxxxxxx> wrote:
> Industry Reaction Rolls in on ADT/Broadview Deal
>
> By Kevin Campbell at SDM Magazine
>
> It's not that often, especially given the current economic climate,
> that two major national players in an industry get together through
> acquisition. Yet, as it was widely reported last week, that's exactly
> what happened in the security industry as number one ADT acquired number
> two Broadview Security for $2 billion.
>
> Now that the dust has settled and folks have had some time to reflect on
> the deal, the reaction to last week's announcement seems to be a
> positive, if not surprised, one. How the two biggest national players in
> the industry kept their big deal a big secret we may never know. But
> what some of the experts SDM has spoken with have said is that, in the
> grand scheme, it's good for the industry.
>
> "We've seen periods or cycles of consolidation in the industry over the
> years, and both then and now I think what it really does is reinforce
> the value of RMR with the investment community that watches our space,"
> says Jim Callahan, chief operating officer of Ackerman Security Systems,
> Atlanta. "The result is that the industry has always gotten stronger. So
> we certainly see nothing negative; only positives coming from it."
>
> Others view the deal from a competitive standpoint. Fewer competitors
> can mean more business for other dealers. But other benefits come along
> with it, too.
>
> "For the rest of the industry, it's good. It's just one less competitor
> out there, and a big one," says Bob Bonifas, CEO and chairman of the
> board of Aurora, Ill.-based Alarm Detection Systems Inc. A big one,
> indeed. And that may become a factor for many security customers, says
> Lessing Gold, a partner with the legal firm Mitchell Silberberg & Knupp
> LLP and SDM's legal columnist.

I come now not to praise Broadview but to bury it.
who did not see this coming. thats the name of the game now get so big
then sell to tyco.