Well, that was quick. No, I'm not talking about the tenure of Anthony Scaramucci as White House Communications Director, but rather the time it took for something to go wrong at Tesla Inc. (TSLA) .
Outside the two most-watched stocks in the market, it was a day dominated by deals. Deals that were happening, deals that weren't happening anymore, and deals that were transforming right in front of our eyes.
Sprint Corp. (S) failed (for now) $100 billion-plus bid Charter Communications Inc. (CHTR) and Dow Chemical Co.'s (DOW) $130 billion combination with Dupont (DD) were at the top of minds in the dealmaking community while rumbles continued to swirl that Twitter Inc. (TWTR) , a company I went on a tangent about last week amid all the rumors of its demise, could be batting its eyes at Walt Disney Co. (DIS) once again.
But we've heard most of this before, no?
One of the biggest companies you might not know much about, however, was behind one of those massive deals. Japan's SoftBank Group Corp., which took over Sprint last year, is steering the ship in its pursuit of Charter. But who is behind SoftBank?
His name is Masayoshi Son and he is the founder of SoftBank, a University of California at Berkeley graduate and has made a career via disruptive acquisitions across the globe. While Son would rather combine Sprint, the No. 4 U.S. wireless carrier with T-Mobile USA Inc. (TMUS) to challenge AT&T Inc. (T) and Verizon Communications Inc. (VZ) , acquiring Charter for more than $160 billion is reportedly plan B.