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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.
Breakingviews columnists dissect the departure of founder Sumner Redstone as chairman of the $17 bln Viacom and board disagreements about CEO Philippe Dauman getting the job.
Lowe’s and Rona have stitched up an attractive transaction for the Canadian firm’s shareholders. Rob Cox and Jeff Goldfarb wonder if it’s enough to allay Canada’s protectionist proclivities.
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