With Thompson and Reuters joining for another well-conceived corporate merger, Bloomberg must feel a little lonely. Maybe Mayor Mike should leave office and take over the company he still controls, but once ran.

Or maybe not.

After all, he’s seen his net worth skyrocket by billions of dollars since he handed over the reigns and started working for a buck.

Not only will Bloomberg feel lonely, but it will also feel short. Thompson-Reuters will control 34% of the market, althought that’s just splitting hairs as Bloomberg has 33% of the financial news market. I think it’s time that Rupert Murdoch launches an unsolicited bid for the combined entity, combines it with the Dow Jones Co., and controls the world’s media.

The issue is that if he can do it, someone sitting in Iran could likely do the same thing. We wouldn’t want that to happen after the latest news about Iran’s enrichment program.

Back to the Thompson-Reuters merger: — I find it interesting that Thompson sold off its textbook and educational testing unit for $7.75bb to pay for Reuters. It should have read one of its textbooks and used the private equity buyout techniques that I’ve discussed.

Next time.