Softbank's Lawyer on U.S. Review of Sprint Deal
Nov. 6 (Bloomberg) -- Robert Townsend, co-chair of the Global Mergers & Acquisitions Practice Group at Morrison & Foerster LLP, talks about national security implications of Softbank Corp.'s $20.1 billion takeover of Sprint Nextel Corp. Townsend, speaking with Bloomberg Law's Spencer Mazyck, also discusses driving forces behind the recent surge of outbound Japanese M&A activity.
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Decision to Freeze Fund Has Been Vindicated: Richards
17:43 - M&G Investments will reopen its £4.5 billion property fund on November 4, Chief Executive Officer Anne Richards tells Francine Lacqua on "Bloomberg Surveillance." Funds investing in commercial property, including Standard Life Investments and a number of others, declared it had suspended U.K. Real Estate funds as people tried to get their money back following the Brexit vote. Several funds had shut the door to prevent unnerved customers forcing fire sales of offices, shopping malls and warehouses.