A lot of companies who weathered the 2008/2009 crisis had become lean and operate efficiently. They accumulate a lot of cash. Recent increasing merger and aquisiton activities showed that they are finding opportunities to strenghten their position by increasing their economical scale. Smaller or less efficient company will be consolidated or taken by them.They will have greater purchasing power, greater selling power, higher barrier for other competitor to enter, and reduced competitor.
Market drop make deal cheaper to them.
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