Ray-Ban parent Luxottica merging with lens maker Essilor, creating $49 billion giant http://www.wsj.com/articles/essilor-luxottica-to-merge-creating-49-billion-company-1484547562?emailToken=JRrzcvlzYH+Ui90wb8wxz0Ypaq4STuuUVlTLMHHBMw3QsznQrPiuyuA+nda+vWKpSgMmtpUO7mo7RDrXxWFtWdeYna86yAv0JyQB8cyaiw==
> The merger joins two companies that previously risked stepping on each other’s toes as Luxottica expanded into lens manufacturing and Essilor moved into frames. Last year, Exane BNP Paribas warned the profit pool for both companies could shrink because of a harsher price competition for frames and lenses.
> Instead the combined companies will have about 27% of the eyewear market, putting them far ahead of other competitors, such as Johnson & Johnson Inc. and Safilo Group SpA, both with market shares below 4%, according to Euromonitor.
Prediction: Next they will buy United Airlines and merge the whole thing with Delta. You can see the step after that. Hint: Disney and GM.