Mergers & Acquisitions 

Survival of the fittest

Survival of the fittest

In November 1985, the Trinidadian-British singer Billy Ocean released his best-known hit, 'When The Going Gets Tough, the Tough Get Going'. The song may have provided the soundtrack to Michael Douglas vehicle The Jewel of the Nile, but it was an ill-fitting tribute to that winter’s equity markets, then in the middle of an enormous bull run on both sides of the Atlantic. Black Monday, after all, was still two years away.

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