Cramer's 'Mad Money' Recap: Merger Monday Is Back
NEW YORK (TheStreet) -- Merger Mondays are back, Jim Cramer told "Mad Money" viewers Monday, and that's a validation to all those investors who've felt as he has, that stocks remain undervalued.
Why are mergers important? Cramer said it's because mergers are awe-inspiring, making some shareholders instantly richer, while at the same time making the short-sellers rethink their positions. That makes mergers, like the market saw today, great news for every investor. Mergers may have seemed lost over the past few years, said Cramer, but today may be the start of a new trend.
Cramer said the Omnicom
Then there's the Perrigo
Finally, Cramer said the merger of Hudson's Bay with Saks Fifth Avenue
Executive Decision: Tom Quinlan
In the "Executive Decision" segment, Cramer spoke with Tom Quinlan, president and CEO of R.R. Donnelley & Sons
Quinlan explained that the 150-year-old Donnelley is most known for its phone book and catalog printing business, but over the past 13 years the company has moved well beyond catalogs, which now account for less than 30% of revenue. Donnelley is providing services such as quarterly financial reports for companies and mutual funds as well as printing boxes and insert materials for products and even printing RFID tags for inventory management systems.