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Cape City Business News (CBN)


Mogar

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OOC note: This thread will be for corporate takeovers and other corporate specific news, the news thread will be for construction projects, non corporate news, and the like. This thread takes place after Manic Monday ends

 

 

Cape City- Today a surprise merger was announced between Brady Electric Technology and Medical Mechanical, retaining the Medical Mechanical name. Ryker Vernon, CEO of Medical Mechanical was quoted saying "today marks a bright future for Medical Mechanical, the combined companies will be able to produce more advanced equipment for even less cost allowing us to pass the savings on to our customers."

According to an anonymous source, about 200 BET employees will be let go, mostly middle and upper management, the company will retain the vast majority of its employee base.

 

 

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Cape City - The owner of Dragon Industries has just bought both the Strategic Supplies Corp and Apex Biological. We were able to get a small interview with its owner Henry Smith and he had this to say. "Today marks a glorious day for both these companies. While seperate they each had their own pros and cons but together along with me and my resources as part of Dragon Industries they will become something much better than anyone could have ever dreamed."

 

So far there are no plans to lay off any employees at the moment.

 

 

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