N.C. State Treasurer Speaks Out Against Un-SAFE Merger: A Raw Deal!

 

 "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]

1. 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. 
2. 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. 
3. 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.

  Yeah, but what does a State Treasurer know about finance? Just some nut, probably has a blog!