The author is a Reuters Breakingviews columnist. The opinions expressed are his own.
from Edward Hadas:
Brazil, Russia, India, China – BRIC. The acronym was pushed as a hot investment idea in the heady 2000s. Back then, before the financial crisis, steady economic growth was expected to last forever in rich and poor countries alike, with poor countries growing much faster. Jim O’Neill, then of Goldman Sachs, simplified the theme for the investing masses. The four biggest developing economies were on the smooth road to riches, and investors could hop on for a profitable ride.
from Alison Frankel:
(Reuters) - Judges in Delaware Chancery Court have been saying for years that they are not averse to shareholder M&A suits - just to ill-founded challenges to well-conducted transactions. I've been writing a lot lately about Chancery's crackdown on the latter. But the flip side, as Vice-Chancellor Travis Laster said earlier this month when he rejected a disclosure-only settlement involving Aruba Network's $3 billion sale to HP, is that judges will let promising shareholder cases move forward.