Saturday, April 14, 2007

I know a lot happens in the business world but this especially tickled all of our funny bones yesterday:
Dow Chemical said Thursday it had fired two corporate officers for "unauthorised discussions with third parties about the potential acquisition" of the company.
How on earth does anyone get into discussions about a company they're not permitted to sell?

And to top it off, top management found out about it when news of a potential offer was published in the Standard Express, a UK tabloid. They then went, "hang on, we don't know anything about this!" and investigated further, resulting in the firings.

It's just like a soap opera.

Full details here.

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