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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.
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.
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