Every time a corporate facility changes hands, it is a given that the Wall Street vultures will make all the money and add nothing of value. This game has been going on for decades and the USA at large has been the big loser while the insiders and financiers always profit.
M&A should be seriously evaluated as far as worth unless it demonstrates that it will create value and jobs for the economy. Instead it reduces competition and makes money only for the WS casino.
Wall Street once provided a capitalistic function that created capital and jobs and boosted the economy. Not really now.
It’s become inside baseball where only those in the casino club make all the money and they do it hand over fist, while the nation loses. We need some serious evaluation if we want a middle class country instead of a third world nation.
When only a few people and their cronies are making all the money while most are losing, reevaluation time is upon us.
Your post has a lot of wisdom.
If you want to explore the subject in depth, read Dave Stockman’s book The Great Deformation.
It’s depressing but harsh reality.