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"Black theater companies that want to do new work have to be part of a bigger entity," she said.
News Corp may not own more than 20% of ITV, but it may own a far bigger entity, the whole of BSkyB.
Given that a combined Lloyds and HBOS will be a much bigger entity, it's fairly safe to assume that the Government would not let Lloyds fail either.
The Centre for European Reform warns trade costs would rise after a Brexit and the UK would have less bargaining power for trade agreements than it does as part of a bigger entity, the EU.
And with more than $100 billion in cash and short-term investments as its disposal, Microsoft is an attractive suitor for companies that decide they are better off joining forces with a bigger entity.
The merger and spinoff plans are aimed at helping the company carry out acquisitions; the new company would have the tax advantage of being a REIT while the bigger entity would have more buying and earning power.
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In announcing the new measures, the government also hopes that the five big local banks will merge themselves into bigger entities.
Since the law passed, there has been a frenzy of mergers and acquisitions, as hospitals, clinics and doctor groups have joined together into bigger and bigger entities.
Officials appear reluctant to countenance anything that involves combining neighbouring towns into new, bigger entities, a measure that would sound the death knell for smaller communities but which some experts believe is inevitable.
The proposed partnership reflects a larger trend in the industry to create bigger entities — often comprising hospitals, physician practices and community health care centers — in anticipation of changes in state and federal health care policy.
If anything, prices are rising.An alternative response would be for Europe's steel companies to merge into even bigger entities and use their sheer scale to try to swing the cycle in their favour.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com