I've got a very poor opinion as it turns out now, because we've been stitched up in the transaction in relation to Pacific National, which has really broken down the trust that I would have in a business partner,
More Quotes from Chris Corrigan:
I worry about those people (Toll) being in charge of 10 billion (combined) company,Chris Corrigan
The Board strongly believes that, based on this offer, Patrick shareholders are better off without Toll in the medium and long term. Patrick has far superior businesses and significantly greater growth prospects relative to Toll.
Chris Corrigan
I imagine we'll start off with Great opportunity to come into a dysfunctional organisation, work for two shareholders who are at each other's throats, expect to receive the occasional barrage of emails and the odd derogatory, blasphemous phone message,
Chris Corrigan
Toll has negotiated for itself a 20-year contract which gives it exclusive rights to all of the freight carried by Pacific National in Queensland,
Chris Corrigan
Far from being a serious bid to build an Asian-Pacific colossus, the bid is a crude maneuver to stop Patrick competing with Toll in Australia. Patrick doesn't need Toll.
Chris Corrigan
It's very difficult for me to make a judgement on that - it's a day-to-day proposition really, isn't it
Chris Corrigan
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