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NEW ORLEANS, LA May 2, 2004 -- In a much-anticipated announcement late yesterday, Apathy Inc. and Szazszorszep Enterprises leaked the news of their intent to merge to a small community of corporate insiders.
"This decision has been a long time coming," said Belen Bilgic, CEO and founder of Szazszorszep Enterprises. "We both saw the value in taking our time to ensure that this was a good fit, and there were quite a few negotiating points that needed to be addressed prior to reaching any sort of agreement."
The companies did, in fact, "take their time," with negotiations lasting more than four years.
"I am sure many of our shareholders wondered if an agreement would ever come," said David Schneider, Apathy Inc.'s Chief Peon, "but we both felt strongly that a series of progressively more in-depth collaborations was the key to success. Apathy Inc. is now confident that this merger will result in a lasting and more capable entity."
Ms. Bilgic, her tone softening, stated, "With all negotiating points addressed, Mr. Schneider knew that the ball was in his court. I had expected to make this announcement in the fall, but he made me an offer I couldn't refuse."
With a barrage of items to attend to prior to the merger, the companies plan to seal their agreement in mid-2005. Neither company has released information on plans at this time.
"It's really too early to discuss finite plans for the merger. Currently, Ms. Bilgic and I are focusing our attention on an upcoming trip to Turkey. We will be meeting with a rather large group of silent shareholders, as well as enjoying a bit of well-deserved R&R," said Mr. Schneider, uncharacteristically forthcoming in divulging his plans to the press.
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