I’d had an argument earlier in the day with my boyfriend. It wasn’t over anything important, but it was one of those things that had been building for a while. He wasn’t a bad guy, but he could be boring and I wasn’t in the mood to be bored and it was time for a change. Moving on would be the best for both of us, it was time. I had told him it was over and now I was headed out to a local hotel that had a once a month singles night in their banquet room, I’d always been curious about it and tonight seemed to be the night to satisfy that interest.I needed a little fun and some consolation.When I arrived, I paid the cover charge, received two tickets for free drinks, and went in. The room itself reminded me of a high school prom style of set up filled with over age students. I was in my late thirties, no kid myself, but I was one of the younger females there. Don’t get me wrong, a lot of the over fifty crowd were attractive looking women, but the men in the crowd tended to be younger,. ”Vanessa said, “Why?”“Asset-stripping.”I said, “Example?” I’d learned the value of specifics from Daddy.Gertie accepted another drink, “Big picture first. Triple-I has gotten more and more aggressive in Mergers and Acquisitions. Mostly buying up any pharmaceutical company that meets certain requirements. More precisely, one of two basic requirements.”“Which are?” Dogged detective, licensed, on the scent.“One, a unique and indispensable drug. Diabetes, cancer, something like that.”“And?”“And / or. A significant Research and Development budget. The industry average is around 18% of revenues. Know what it is at Macklin?”“Less.”“Barely at 3%. Their mantra is ‘Bet on management, not on science’.”Vanessa said, “But then nothing would ever get discovered — penicillin, Salk vaccine...”“Hugh Macklin isn’t unique in this approach. Putting shareholder value above everything else. But like with opioid distribution, he’s the most aggressive.” Gertie smiled a feral smile, “Know what one of the.
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