"It does not take my expertise to know this is a raw deal." NC State Treasurer - Brad Briner *
✅ "My objections to the merger are threefold:" [read full text here]
- North Carolina and other states have witnessed multiple transactions involving a merger and we see the same results over and over – either higher costs or lower quality of care – and in some cases, both.
- The intended benefit of this transaction in capital investment over many years and the creation of a number of jobs, will likely occur without this consolidation.
- The effective sales price is ZERO. A promise of new capital investments and jobs that will most-certainly be created anyway means that authorizing this
consolidation is selling for no real upside - and a lot of downside.
😎 SAFE to say this sounds very familiar, doesn't it?
* Briner was born in Dallas, Texas. He graduated from Phillips Exeter Academy, the University of North Carolina at Chapel Hill, and Harvard Business School.
Sounds identical to SAFE. Need a SAFE stakeholder / member to appeal to the Board and other members in a similar manner. They should demand to know why the Board is unwilling to make the same investments that Boeing is promising to make.
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