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...TikTok vowed to file a legal challenge against what it described as an “unconstitutional law” amounting to a “ban” that would “devastate 7mn businesses and silence 170mn Americans”....
...But this, Bain reckons, is because funds have only been able to sell their best firms, which command the highest multiples. Last year, buyout funds returned $345bn, the lowest in a decade....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...Here’s the latest on Trump’s legal woes....
...The railroads would sell their squares to fund arduous construction through mountains and deserts and snow....
...But letting them snap TikTok up would only increase their power over the American psyche....
...wealth fund is invited to join the deal....
...This might yet be blocked by the Senate or the courts; when Montana lawmakers tried to ban TikTok last year, there were legal appeals....
...News round-up Bill Ackman escalates Business Insider plagiarism feud with legal threat (FT) Fund manager Rajiv Jain takes $2.8bn bet on Middle Eastern stocks (FT) Deutsche Bank analysing deals with Commerzbank...
...It is a legal wrangle that is akin to the messy pay disputes for top bankers, lawyers and hedge fund traders that have been common for decades....
...The approval comes after months of anticipation and a bitter legal battle....
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
...Peltz gained a seat on Unilever’s board after his activist investment fund Trian Partners built a stake in the group, as first revealed by the FT, in 2022....
...In the final days of her campaign, Haley warned that Trump would use the party’s finances as a “legal slush fund.”...
...Vista Equity Partners has announced six senior leadership promotions including Alan Schwartz to chief legal officer and Gwen Reinke to chief compliance officer....
...As well as Hassett, John Paulson, Jeff Yass and Scott Bessent, the top hedge fund managers, might be in the mix for senior economic roles....
...It hit pause on all the new rules pending an appeal against a legal injunction in a German court....
...Few outside the mahogany corridors of Manhattan’s legal elite are aware that Citigroup, the struggling US bank in the midst of a giant round of lay-offs, is the most dominant service provider to the legal...
...The Israel Defense Forces said on Thursday they had dropped 6,000 bombs on more than 3,600 targets in Gaza, which is controlled by Hamas....
...He pushed his law firm and Buffett in the 1960s to help fund the legal defence of the doctor Leon Belous, a case that paved the way for legal abortion in California and that Munger himself said “was the...
...Stablecoins operate very much like money-market funds....
...Right now, for example, the American government is trying to implement a new wave of Basel III rules, sparking a furious backlash from Wall Street figures such as David Solomon, head of Goldman Sachs, who...
...Nicholson says that Scotiabank was navigating the Latin American debt situation using its own methods, which worked better....
...BROOKE MASTER: When they announced the merger, it was not yet legal for all of these things to be under one roof....
...Although the PGA Tour and the PIF have agreed to end their highly public legal battles, they are yet to reach a definitive agreement....
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