How This Megamerger Created a Cash Cow
Last year was a blowout year for mergers and acquisitions, with deals worldwide totaling $5.1 trillion. One of the biggest deals was S&P Global's (NYSE: SPGI) $44 billion acquisition of IHS Markit.
The megadeal is an excellent sign for S&P Global investors as the company expands its product offerings -- including IHS Markit's environmental products and services. The deal also gives S&P Global a stable, recurring revenue source, making it a cash-generating machine.
S&P Global is a leading provider of ratings, benchmarks, analytics, and data for capital and commodities markets. The company serves customers like asset managers, investment banks, commercial banks, and insurance companies.
Source Fool.com
