The last public company

After all those years, it happened. An army of analysts, at least half of the M&A lawyers in the market, probably 10% of the lobbyists. The last two public companies are now one.

What we used to call the stock market isn’t about stocks any more. It hasn’t been for 50 years. Once the number of publicly traded companies dropped into the 100s, there wasn’t much point any more. Who trades in a market with 100 companies?