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.
