Vertical Integration’s Horizontal Swing
We've seen plenty of merger and acquisition activity in the live sound sector in the last several decades, but the vast majority has been of the vertical variety: larger live sound companies consuming smaller ones, or equals finding common ground, mainly with the intentions of growing market share and minimizing competition, the classic motivators for M&A activity. The acquisition of Showco by Clair Brothers in 2000 was a classic example, creating the largest sound reinforcement company in the world.
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