With the announcement of a merger and a couple of acquisitions Monday morning, it's time for Jim Cramer to weigh in on what he watches when a company announces plans for M&A.
But, first, let's break down the companies that have made announcements this week (so far).
Raytheon and United Technologies announced that the companies are planning on an all-stock merger.
The companies would combine to become Raytheon Technologies.
According to the Wall Street Journal, Raytheon Technologies --which would be valued at more than $100 billion after planned spinoffs, would become the world's second-largest aerospace and defense company by sales behind Boeing (BA) - Get The Boeing Company Report .
And then, of course, there's Salesforce (CRM) - Get Salesforce Inc. Report . The company announced that it was acquiring Tableau Software (DATA) - Get Tableau Software, Inc. Class A Report for around $15.7 billion.
So, when looking at these M&A movements, what should investors keep an eye on?
Jim Cramer says that he watches these three things:
- Balance Sheet
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