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3 years ago

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Buyback attack risks damaging corporate health, influential M&A adviser says

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Buyback attack risks damaging corporate health, influential M&A adviser says

From Bloomberg: In trying to limit share buybacks, Washington risks hobbling corporate America's ability to weather shocks like the coronavirus pandemic, one of the country's most experienced investment bankers has warned. Paul J. Taubman, CEO of PJT Partners Inc., said the current political vogue for attacking companies repurchasing their shares, while simultaneously supporting dividend payments, runs contrary to prevailing financial wisdom.

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Buyback attack risks damaging corporate health, influential M&A adviser says

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Buyback attack risks damaging corporate health, influential M&A adviser says

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