You’re not in Kansas anymore


Wall Street Journal: This clearly is one of the most important stories about the most important merger of the month. It looks into the human cost of mega-billion dollar mergers. “All towns suffer when a major corporation’s headquarters moves away, but Kansas City is likely to feel the pain more than most places after its largest private employer, Sprint Corp., relocates its main office. Sprint employs 17,000 people in the greater Kansas City area. Its headquarters in nearby Overland Park, Kan., has roughly four million square feet of space, one of the largest corporate campuses in the world. Sprint’s move is compounded by the fact that Midwestern metropolises struggle to attract cutting-edge technology jobs.”

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