Jim Cramer - Mad Money
IHS Markit
INFO-Q
COMMENT
Nov 30, 2020
IHS and S&P announced a mega-merger today - https://finance.yahoo.com/video/p-global-buy-ihs-markit-142809335.htmlIHS supplies financial data and the leader in data analytics for the financial industry; S&P is the credit-rating agency. This deal with turn the new company into a colossus. Today, both stocks rallied. Usually, the acquirer gets slammed. He likes the deal and thinks it makes a lot of sense.
IHS and S&P announced a mega-merger today - https://finance.yahoo.com/video/p-global-buy-ihs-markit-142809335.html IHS supplies financial data and the leader in data analytics for the financial industry; S&P is the credit-rating agency. This deal with turn the new company into a colossus. Today, both stocks rallied. Usually, the acquirer gets slammed. He likes the deal and thinks it makes a lot of sense.