That offer was to merge the companies at $69 a share, or $2.8 billion.
"I think people are a little concerned when you're merging companies that you own into a public company," he said.
It was the first step towards merging the two companies.
The firm then bought Joy and merged the two companies.
He later merged the three companies into one holding corporation: the Fort group.
The announcement follows an effort to merge the companies in January.
A decision to merge the two companies was taken.
They bought up a controlling interest and merged our company with theirs.
But it looks like that's not going to happen because we've got the tendency to merge companies and reduce choice, unfortunately.
Out of this decision, came the "order" that all future contracts being offered had to include agreements to merge companies.