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Vertical Integration Is Now a Valuation Story
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1 Articles
Vertical Integration Is Now a Valuation Story
What This Means: Vertical integration is no longer a strategy story in commercial space — it is a valuation story. The three most instructive deal comps of the past 12 months show a measurable premium assigned to companies that control more of their own supply chain. Investors who do not have a framework for quantifying that premium are mispricing the sector.When Rocket Lab closed its $155.3 million acquisition of Mynaric AG on April 14, most co…
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