Megamerger.

A megamerger is a very large corporate merger or acquisition that involves two or more companies with a combined market value of $10 billion or more. Megamergers are usually done in order to increase market share, economies of scale, or product offerings. What is an example of a mega merger? A mega merger is defined … Read more

Parsing the 28/36 Rule.

The 28/36 rule is a guideline that mortgage lenders use to determine how much of a borrower’s monthly income can be used to pay for housing expenses and still leave enough money for other living expenses. The 28/36 rule states that a borrower’s housing expenses (mortgage payments, property taxes, and insurance) should not exceed 28% … Read more