Conglomerate corporations are being urged to do the splits. The case for simplification is so often obvious. Better for boards to bite the bullet than wait to be pushed.
Omnicom’s deal for Interpublic faces massive risks – from assuaging regulators to retaining clients and staff. But threats from AI mean doing nothing is riskier.
Senior creditors are extending painfully expensive new debt to the troubled utility. Junior creditors are disadvantaged too. Is there really no alternative?