[toohotatopic]

>Boeing, one of the US’s largest and most important companies, acquired its longtime plane manufacturer rival, McDonnell Douglas, in what was then the country’s tenth-largest merger.

>The resulting giant took Boeing’s name. More unexpectedly, it took its culture and strategy from McDonnell Douglas

https://www.msn.com/en-za/money/news/how-the-mcdonnell-dougl...

[AlexCoventry]

Great article. It's an interesting framing, that Boeing's woes stem from a shift from "great engineering firm protected by airlines' government-mandated monopolies" to "lean engine of capitalism." The story about McDonnell-Douglas doing much better out of the merger than you would expect for the junior partner is interesting, too. It would be fascinating to read more about howthat happened.