Wahahaha… but I am still a taxi driver..sob sob sob…
To kill competitor, there is 2 common ways, one is being better,
cheaper and faster than them. The other is, if you are financially
able, buy them over.
Alots of business are base on acquisition and buying, of course
some go into merging, but merging also need a bigger share to take
control.
Eg cdg acquired city cab, hold control and take over it stake,
however, the branding, they choose to remain, like big wife’s son
and mistress’s son, and then cdg merged with delgro to go global,
being the higher in shareholding, cdg hold control with their brand
infront comfort delgro and not delgro comfort, unless delgro
increase shares and take control.
As for local merging, especially within taxi driver’s trade, it
can hardly be more successful, because as you all know lah, taxi
drivers here are full of egos and prides, kong wu kong bo alot, how
to merge, who be the chief, who control the finance, who decide on
important issue is alway a mess.
Therefore, I see no lasting in LV and Beach radio stn merging,
as the hierrachy within will need lots of sorting out. For initial,
it is merely a merge of convienences whereby economic of scale and
resources are at paly.