Your daily dose of financial news The Brief – 6.8.16

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Despite Tribune Publishing’s (wait, wait, is that tronc now?) best efforts to play defense, Gannett is not backing down from its unsolicited offer to acquire the publisher – NYTimes

And Tribune shareholders aren’t exactly sitting back, either – Law360

More thoughts on the impact of the Dell buyout ruling, this time from the Deal Professor, who cautions against reading too much into the decision thanks to the “deeply weird nature of appraisal and [that] case” – NYTimes

Blockchain’s made it to the Fed (or to its International Conference on Policy Challenges for the Financial Sector, at least) – WSJ

European government bonds—already at shockingly low yield levels—are sinking still lower, a “stark demonstration of the modern era of scant inflation, weak growth and outsize monetary policy” – WSJ

Lest you think that activist investors are content in stirring the pot as they always have, know that the, ahem, value-seekers are turning an eye to real estate investment trusts (REITs—special vehicles in which pools of properties are grouped and that avoid corporate taxes by distributing at least 90% of income as shareholder dividends) – NYTimes

As Republicans unveil a plan to dismantle Dodd-Frank, Marketplace looks back on what prompted the financial reform effort and what it’s done in practice – Marketplace

We saw yesterday that the DOJ may have trouble convicting former Deutsche Bank traders over Libor-related charges. Here’s another tough case for it to make—holding individuals responsible for the 2008 financial crisis. The Journal examines the saga of former Countrywide official Rebecca Mairone to prove this point – WSJ

Welcome to Twitter Town—or, more appropriately, Pueblo de Twitter (aka Jun, Spain) – NYTimes

Stephen Hawking vs. Black Holes.  Don’t be so sure you know how this one’s going to end – NYTimes

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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