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Chris Hill
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November 13, 2012
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The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Jason Moser, discuss the top business and investing stories.
Sherwin-Williams announced Monday that it will be purchase Mexican paint manufacturer Comex for $2.3 billion. In this segment, the guys discuss why the strength of a company like Sherwin-Williams means it can afford such a deal, even though the company's own market cap is only around $15 billion itself, and why this is such a good move for a company already on the ascendency in recent years.
With more and more American companies like Sherwin-Williams looking beyond America's borders to expand, profiting from our increasingly global economy can be as easy as investing in your own backyard. Our free report "3 American Companies Set to Dominate the World" shows you how. Click here to get your free copy before it's gone.