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Motley Fool Hidden Gems Investing

One Deal Begins As Another Ends

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 18 December 2023

⏱️ 31 minutes

🧾️ Download transcript

Summary

(00:21) Bill Barker and Deidre Woollard discuss: - The arc of U.S. Steel over time. - Why Adobe might be giving up on acquiring Figma - The changing environment for getting deals done. (17:00) Deidre Woollard talks to angel investor and author Bill Raduchel about how tech has changed over the past six decades. Companies discussed: X, ADBE, CLF, XRX, AAPL, META, GOOG, GOOGL, NVDA Claim your Stock Advisor discount here: www.fool.com/mfmdiscount Host: Deidre Woollard Guests: Bill Barker, Bill Raduchel Producers: Ricky Mulvey, Mary Long Engineers: Kyle Carruthers, Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

If you like a little M&A Madness, buckle up.

0:05.0

Motley Full Money, I'm Pedro Willard here with Motley

0:24.0

Full analyst Bill Barker. Bill how's your Monday going so far?

0:27.1

Monday's going well so far. Thanks for asking and yours?

0:30.5

Busy because I mean one of the reasons I love hosting the show on Mondays is I never know what news I'm going to get.

0:39.0

But, you know, the rest of the week you can kind of see earnings economic indicators.

0:44.5

Monday is a wild card, but it usually involves some form of mergers and acquisitions.

0:49.8

It's kind of like my own version of the celebrity gossip, and we've got a makeup and a breakup today.

0:55.2

I want to start with the big one.

0:57.2

This kind of feels bittersweet to me as a student of US history and financial history but US steel right once the giant of the

1:06.6

American economy you know it's attached to all the big names like JP Morgan being acquired by a

1:13.8

and bonds deal for 15 billion we knew that this was coming US deal has been

1:18.8

has been entertaining suitors since the middle of the summer. It's a good deal for

1:24.3

shareholders but I don't know Bill it's the end of an era what do you think?

1:28.0

Well I suppose the era ended quite a while ago, although US still is at the heart of a lot of eras,

1:36.8

a lot of history, whether you're talking about monopolies

1:41.6

and the creation of regulation to thwart monopolies.

1:47.1

You're talking about its role in war efforts,

1:50.5

the creation of vast amounts of wealth, the

1:53.7

creation on the other side of sort of the rust belt,

1:57.7

and so many other parts.

1:59.3

You can tell the story of America over the last 130, 140 years or so pretty well by looking at different aspects of where this company has been and I think that where it has gotten to is not as interesting as where it's been.

...

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