Shareholder Value?

Today, it’s reported that NBC Universal is in talks to buy Dreamworks SKG.

Why is it that the term “shareholder value” no longer applies to having healthy profit margins and respectable dividends and earnings?

It is outright foolish to me that our market has this hellbent notion that a company MUST ALWAYS GROW LARGER. As a matter of fact, I think it’s a notion that is hazardous to the health and well-being of a company.

A healthy company is better than a big company any day of the week.