Your daily dose of financial news The Brief – 4.11.16

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The UK’s Daily Mail is reportedly joining Verizon in the field of suitors for Yahoo’s assets – WSJ

It’s no surprise when mega mergers attract the government’s attention, as we’ve seen in past weeks around here.  But what about the smaller consolidation that often flies under the antitrust division’s radar?  Here’s how that plays out in Chicago, where rampant mergers in the health care sector is going largely unnoticed – NYTimes

Even as the NYSE rallies support against Brad Katsuyama’s upstart Investors Exchange, it’s asked the SEC to allow it to “imitate IEX by adopting a new trade type based on a technology invented by” its rival. Fair Game takes a closer look at the interesting dance the Big Board is playing – NYTimes

As the Journal says, it’s “never easy for investors to get their money out of funds called nontraded BDCs [business development companies]”, but that’s even more true for those with money in the Business Development Corporation of America—a $2.5 billion fund that halted “redemptions for the quarter after the fund’s pre-established limit was hit” – WSJ

Marriott and Starwood shareholders have given the official nod to Marriott’s $13.6 billion buyout offer – Law360

Doing business in China and having some trouble with local customs?  Maybe have your cafeteria vendor take a crack at smoothing things over.  [It worked for Japan’s Olympus—though the DOJ’s not exactly sure everything was on the up and up] – NYTimes

Here’s a fascinating piece on how cloud-computing firms turn billing by “millionths of pennies” [or “microslicing”] into billions of dollars of cold hard cash – NYTimes

Wall Street’s millennial playbook: softening the tone and encouraging “pencils down” in an effort to retain junior talent [can’t wait to see what it does to cater to Gen Z] – WSJ

GE’s trying out a new strategy for shedding its financial holdings. This morning, it announced that’s offering up GE Money Bank—a Czech business of GE Capital—for an IPO – NYTimes

Week 2 of the Panama Papers scandal and the hits keep on coming, with British PM David Cameron feeling the latest heat for his ties to the Panamanian tax shelters – Bloomberg

Now granted, his “office” is a golf course, but I’d bet some serious money that a bad day at the office for you doesn’t look like Jordan Spieth’s, who lost his shot at back-to-back Masters wins with a quadruple bogey at the heart of Amen Corner (before a TV audience of 14 million or so, by the way) – NYTimes and WSJ

This SpaceX landing is just insane. Insane – Bloomberg

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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