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user-inactivated · 3009 days ago · link · · parent · post: Unilever in talks to buy Jessica Alba's Honest company for $1bn
Damn. Two of those mergers were electrical utilities and a third was gas energy. I thought mergers in those areas tended to be discouraged by governments to prevent monopolies. Interesting. Also, how the heck does buying an asset for millions of dollars and then turning around and selling it for pennies make sense? Is that some kind of Wall Street money laundering scheme or something?