Nope, mergers are a great thing for workers! (Or do I mean "top management"?)
(Plante is probably following the lead of his fine city's mayor, Dewey Bartlett, in praising this deal, which might bring a few more jobs to his city...by taking them from elsewhere in the US.)
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Please remember that the purpose of Editorial Explanations is to explain and to expand knowledge, rather than to engage in any partisan bickering. All cartoonists are completely correct, in their own worlds.