Opinion
Big deals can signal the end of the bull run
Philip BakerAssociate EditorGet even bigger seems to be the answer for traditional business models under strain if the two mega deals announced this week by Rupert Murdoch and Frank Lowy is any guide.
It can make sense to bulk up to help fend off the threat from any new entrants or, as consumers change their behaviour, hitch your wagon to another company that can help you offer that something extra.
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Philip Baker writes on markets specialising in bonds, equity markets and currencies. Based in our Sydney newsroom, Phil is a markets columnist. Connect with Philip on Twitter. Email Philip at pbaker@fairfaxmedia.com.au
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