Originally Posted by Marshman
this is the sort of thing a company whose principle owner is a Private Equity Firm would do
Just for the record, Meridian hasn't been owned by a "private equity firm" for a very long time. I assume you are referring to Arnon Milchan's MUSE consortium? They sold to Richemont donkey's years ago. Approximately two years ago, Meridian was subject to a management buy-out. CEO John Buchanan is the majority shareholder.

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