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Transformational change is relative

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Those of us in the media hear about transformational change a lot. It’s a useful claim that gets people’s attention in the busy marketplace of ideas. But the term can get a little threadbare — both from overuse and from inevitable comparisons with the actual transformative changes that we’ve all personally endured over the past 12 months. Yet, I’m writing this in the wake of two momentous acquisitions that occurred in as many weeks during the month of January. The first is Teledyne Technologies’ acquisition of FLIR Systems in a cash and stock...Read full article

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