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The merger plan is "certainly not without risk," he added.
When we came to terms two months ago, there was no mention of merger plans.
The story of Malaysia's bank merger plan is a case in point.
The collapse of the merger plan was not considered a surprise.
Last spring administration officials spoke of the merger plan being "on the fast track."
In return, the groups agreed not to challenge the banks' merger plans.
However, the merger plans were discarded in December 2006 since the differences seemed too large.
Executives at both exchanges say their merger plans are still on track.
It is hoped public consultation on the new merger plans will begin this summer.
Lotus has seen two other merger plans fail in recent years.
Last month, Assembly leaders unveiled a merger plan with many of the same features.
Both companies held board meetings in the middle of last week to present their merger plan to directors, said several people close to the talks.
Finally, in 2009, town representatives compromised with these problems and the merger plan was accepted.
The boards of both unions recommended a merger plan last week.
The merger plans collapsed, and the transmitter was never paid for.
The merger plans had been ongoing for some time.
Stockholders are scheduled to vote on the merger plan next Tuesday.
It's not just attachment to home rule that can doom police merger plans.
But efficiency is not what is driving the merger plan.
But the C&G merger plan could mark a turning point.
The merger plan was abandoned later that year due to low value of cruise line shares at the time.
Indeed, the failure of their merger plans suggests both companies could have a hard time finding a comfortable fit with another partner.
But he seemed to rule out immediate merger plans, saying: "We have a great deal to do in our own shop.
A final shareholder vote on the merger plan will not be held until late February, at the earliest.
But it is worth at least as much consideration as the merger plan.