Guests: Joe DiStefano, Dennis Berman, Emilie Feldman
The proposed merger between Delaware-based DuPont and the Dow Chemical Company would create an enormous corporate entity worth more than $130 billion dollars. The companies, which produce everything from Ziploc bags and Teflon to agricultural products and chemicals, plan to combine into a single company called DowDuPont, then split into three smaller companies by late 2017. We’ll get an update and some perspective on the merger with Philadelphia Inquirer business reporter JOE DiSTEFANO. Then DENNIS BERMAN, financial editor of the Wall Street Journal, joins us to talk about why he’s troubled by this merger, and others, and what it may tell us about America’s future. Finally, we’ll hear from EMILIE FELDMAN, an Assistant Professor of Management at The Wharton School, about “activist investors” and their influence in the board room and on Wall Street.