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Leadership changes at Brixmor and Zenefits are a reminder of a John Kenneth Galbraith observation about boom-time behavior. Rob Cyran and Jeffrey Goldfarb discuss.
Breakingviews columnists explain why new President Mauricio Macri is offering a deal to holdout creditors of defaulted bonds – and why Elliott Management and others should accept it.
Richard Beales and Robert Cyran talk about the $14 bln internet security company's deal to borrow, make big payouts to investors and effectively forswear M&A – all because of an activist.
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