Sixer from Saudalpur

After 5 months of pursuing, the man from Saudalpur has hit a big sixer.

The ball has been discovered in the boardroom at Arcelor HQ.

Bloomberg reports that Arcelor has agreed for the takeover (for 40.37 EPS)of the company by Mittal Steel and the combined entity will be called 'Arcelor Mittal'

I saw a direct advt in HBR from Mittal Steel directed towards Arcelor's share holder. Talk of effective communication. Nothing better than this. Reactions from the big shareholders and late realization from Lux govt about the issues wrt to severstal have contributed to this turnaround.

Its heartening to see the victory of 'Business Sense' over the parochialistic economic regionalism.

Monkey Money is not Monkey Money at all.

http://www.bloomberg.com/apps/news?pid=10000087&sid=aA_RsM0HQoVQ&refer=top_world_news