And so...what you're noticing is a fair mount of mergers and acquisitions, meaning less efficeint businesses are collapsing into biger businesses.

所以你会看到,企业间大量的,兼并，这意味着,工作效率低下的企业,会垮台，被更大的企业吞并。

普林斯顿公开课 - 国际座谈会课程节选

She is doing research on bank mergers.

她目前正从事银行合并的研究

耶鲁公开课 - 金融市场课程节选