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Tyler Crowe

👤 Speaker
3589 total appearances
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Podcast Appearances

Motley Fool Hidden Gems Investing
“Alexa, Let’s Go to Outer Space”

To see our full advertising disclosure, please check out our show notes.

Motley Fool Hidden Gems Investing
“Alexa, Let’s Go to Outer Space”

Thanks for producer Dan Boyd and the rest of the Motley Fool team.

Motley Fool Hidden Gems Investing
“Alexa, Let’s Go to Outer Space”

For Matt, John, and myself, thanks for listening, and we'll chat again soon.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

It is merger mania this week.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

This is Motley Fool Money.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

Welcome to Motley Fool Money.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

I'm Tyler Crowe, and today I'm joined by longtime Fool contributors Matt Frankel and Lou Whiteman, with three of us being part of the Hidden Gems team here at Motley Fool.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

As we said, there has been a lot of movement in the merger and acquisition field in the past couple of days, and we're going to try to break down as many of those deals as we can.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

Also, we're going to get to some listener questions.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

To start, let's go with a lot of the deals that's going on in the food industry.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

We had two doozies.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

There must have been a lot of lawyers and investment bankers putting in extra hours this past weekend.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

First, we got news on Monday that Cisco, the food distributor, not the networking hardware company,

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

was acquiring private retailer Restaurant Depot for $26 billion.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

We'll get into the details in a second here.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

But I think that was going to be the headline deal we're going to talk about.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

Then this morning, we had an even bigger deal where McCormick basically said, hold my beer, because they decided to merge with Unilever's food division in a $44 billion deal.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

What makes that striking is that McCormick itself is a $14 billion company, and Cisco

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

doing a $26 billion deal was a $30 billion company.

Motley Fool Hidden Gems Investing
Nobody Told Us This Was M&A Week

These are massive transformative changes in pretty sleepy consumer brand food distribution businesses.