----- Original Message -----
From: "William Allen Simpson" <william.allen.simpson () gmail com>
The deal will combine two unprofitable companies with total revenue of
$6.26 billion as of last year, and cut annualized capital spending by
about $40 million, according to the statement. It will also help
the pressure on prices, which have declined by as much as 30 percent a
year in the industry, said Donna Jaegers, an analyst at DA Davidson &
Let me see if I have that straight.
We're *admitting* in public that the result will be to make prices go up
customers? Wow... Justice is going to have a field day with that.
Well, maybe they're just admitting it will slow the rate at which prices go