On the whole Westpac/St George merger issue, its interesting to see that Westpac waited until close of trade on Friday to 'discuss' the merger with St George, and then formally announced it at 9:30am on Monday. Though, its been on the cards for a while now.
Thats like 30 minutes that the market was open from discussion to announcement.
Would be hating Gail Kelly right now if I was in regional management (or any upper management) with Westpac, seeing as though she would have a nice team that she built up from her time in the hot seat with St George.