November 13, 2012
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.
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