Morning Brew - Why Companies Merge
Unlike humans, companies aren’t social creatures. They enjoy living alone, prefer not to share food, and avoid snuggling at all costs.
But global merger and acquisition activity hit $3.9 trillion last year. So clearly there are forces outside of biology bringing firms together.
On the first day of Merger Week, the Brew's Neal Freyman will walk you through those forces driving some of the biggest deals in history (Exxon + Mobil) and some of the most nonexistent deals in history (FanDuel and DraftKings). Give it a read here.
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