This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Of course it did. Just about every single late-stage company in private markets at the moment has been contacted by a blank-check company looking for a deal. Kicking off […]
In 1970, Milton Friedman wrote an op-ed that would embolden investors and enrage activists for decades. Its title: “The social responsibility of business is to increase its profits.” Despite insistence from many that his doctrine is dead, Friedman acolytes still count at least one powerful ally: the U.S. Labor Department. In a new rule to […]
Analysts are bullish on Chinese markets rebounding in 2022. Read More
