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  #11  
Old 12-02-2005, 06:30 PM
Tom Earp Tom Earp is offline
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Re: Re: Re: Mergers...is is still possible?

Quote:
Originally posted by Alpha Sig Scott
I can forsee a merger because of financial reasons. GLO's are not rich by any means.

KTSnake mentions a large scale lawsuit (hazing?). I too believe this disaster is coming.

Low membership across the board may also push a GLO to seek out an another organization with similar goals and history to merge with. At the very least, the struggling organization could simply be absorbed into the more stable one.

Currently there are 64 member fraternities in the NIC. Can that many continue to grow and remain relevent in the future? In my opinion, no.
You, ktsnake, and Erik are correct.

Whilke I mentioned on another thread, 1939, TKN and LXA Merged. There were talks at one time between LXA and TKE but did not come about because of to many differences.

As Erik said, over the years, many small Groups merged with stronger ones.

The last majors that I can think of is Phi Sigma Epsilon and Phi Sigma Kappa.

Several Years ago, Our Exec VP and I were talking about this and His response surprised Me at first. He said the same thing that ktsnake stated, Financial for Risk Management situations. Greek Organizations are not cash cows. LXA IHQ just had a cut back on staff so as to keep the level of contacts with Chapters as a Priority.

Can it happen, Yes it can. Just as Alpha Sig Scott said, what is the different designs and why?
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