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HollywoodTwo Democratic members of the House Financial Services Committee have fired a warning shot across the escalating takeover battle for Warner Bros. Discovery, signaling that a future Democratic-controlled Congress and White House could move to block or even dismantle any acquisition of the company by Paramount Global if foreign Gulf investors end up with meaningful […] The post Democrats Warn That They Will Try to Block Paramount From Buying Warne…See the Story
Democrats Warn That They Will Try to Block Paramount From Buying Warner Bros. Discovery If They Get Power Back
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United States · United StatesThe Eleventh Circuit Tuesday lifted a longstanding court order blocking the US Treasury Department from enforcing the Corporate Transparency Act against companies that were members of the National Small Business Association.The act—which requires companies to report their beneficial owners to the Treasury Department’s Financial Crimes Enforcement Network—”facially regulates economic activity,” the US Court of Appeals for the Eleventh Circuit sai…See the Story
Corporate Transparency Act Reinstated by the 11th Circuit
BlackRock · NetherlandsDutch pension fund PME, which invests around €59bn on behalf of steel and metal workers in the Netherlands, has announced an overhaul of its equity portfolio resulting in the effective divestment from BlackRock across its equity holdings.Instead, PME will expand its existing commitments with Dutch manager MN and Swiss firm UBS, in a bid to select a smaller number of asset managers who are more aligned with its climate beliefs, the pension fund s…See the Story
