The biggest merger you didn’t hear about today
By now I’m sure you’ve heard about today’s big merger news: Actavis buying Warner Chilcott.
Wait, did you think I was talking about something else? Here are some quick stats:
- Price being paid for Warner Chilcott: $8.8 billion
- Price being paid for Tumblr: $1.1 billion
- # of Warner Chilcott employees: 2,700
- # of Tumblr employees: 175 Warner
- Chilcott 2012 revenue: $2.5 billion
- Tumblr 2012 revenue: $13 million
- # of online Actavis/Warner Chilcott stories today: 192
- # of online Yahoo/Tumblr stories today: 1,059
Interesting little editorial about the editorial imbalance of journalism today.
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