Industries evolve much like nature in the form of “punctuated evolution.” Things stay at status quo for long periods, and then an external event—an asteroid impact, food shortage or new predator arrival—fundamentally alters the landscape. The result is a daisy chain of action and reaction in short succession that leaves a new order of dominance, extinction and relationships.  Such was the “Last Supper,” which presaged the consolidation of the U.S. ...

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