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Recent merger could impact California real estate market

When two companies in California decide to merge, it can have a big impact on the state's economy. Mergers often result in a company that is bigger and more profitable than each company was prior to the merger. In fact, the recent merger between Partners Trust and Pacific Union International will result in the state's biggest independent real estate brokerage. This merger is the second one that Pacific Union entered into over the previous eight months, having previously merged with John Aaroe Group.

DuPont, Dow merger to be completed in August

California residents may have been closely following the DuPont/Dow merger, with all its ups and downs along the way. Now, DuPont Co., which is set to merge with Dow Chemical Co. in August, has seen support from farmers across the United States. The merger is being heralded as "historic" at $75 billion. The sale of seeds by DuPont in the second quarter went up after the company revealed new types of soybeans. In addition, DuPont has seen more revenue from an increasing need for new insecticides and fungicides.

Fantasy sports merger stymied by Federal Trade Commission

Whether it's football, baseball or basketball, sports enthusiasts in California closely follow their favorite teams. And, part of the fun of being a sports fan for some is participating in online fantasy sports contests. These games, played on the Internet, allow players to put together their own fantasy team based on actual athletes, and then win money if their fantasy team beats other fantasy teams based on real-life games. Online fantasy sports became popular after an exception for them was carved out of a federal law enacted 11 years ago that made online gambling illegal.

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