Tag Archives: mergers

The Morality of Mergers

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By Jonathan McQuarrie Recently, Monsanto received a $66 billion purchase offer from the even mightier German pharmaceutical company Bayer. It would be hard to find a more disliked firm than Monsanto, and the fact that a major pharmaceutical company is the potential buyer has created even more alarm. But should we disentangle our moral concerns from our economic understanding? The… Read more »

Attention Loblaws Shoppers: Economic nationalism for sale in Canada’s retail history

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By Katharine Rollwagen On July 15, 2013, the chairman of Loblaw, Canada’s largest supermarket retailer, announced the company’s purchase of Shoppers Drug Mart, the largest pharmacy chain in the country. The merger of two of Canada’s most recognizable retail brands was quickly hailed as a mega-deal that will create a “homegrown juggernaut” – a $12.4 billion acquisition that positions the… Read more »