Your daily dose of financial news - The Brief – 8.31.16

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Continual rejections worked for Hershey in fending off Mondelez’s takeover bid. The Deal Professor thinks that Tronc faces considerable risks in following the same strategy with Gannett’s repeated overtures – NYTimes

The Chicago stock exchange is implementing an IEX-like speed bump in an effort to address “aggressive trading” – WSJ

The future of the US economy comes down to a battle of the economists—and probably a healthy dose of glass half full/empty-ism – NYTimes

How about a bank to push the IPO envelope this year (a smidge, at least)?  That’s the plan with Nashville’s PE-backed CapStar putting a $46 million IPO out there – Law360

Theranos was looking to change to conversation when it announced plans to dive into the world of Zika-virus blood testing.  Was would be the key word there – WSJ

Tax experts weigh in on Apple’s shot to successfully appeal the $14.5 billion adverse tax ruling from the EU – NYTimes

And here’s why it’s worrying other companies in the US (and US regulators) – WSJ

More on that growing Uber/Alphabet rift: it’s not just about self-driving cars. Nope, we’re talking ride sharing and maps, too – TechCrunch

A former Monsanto exec who blew the whistle on “accounting improprieties” related to the company’s Roundup product is set to receive more than $22 million from the SEC (stemming from a $80 million settlement with the chemical giant) for his tip – NYTimes and WSJ

Lovely tributes to Gene Wilder have abounded since news of his passing this weekend.  I happen to like this take from the Times’ Wesley Morris – 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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