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MBK Partners strengthens retail biz prior to eBay Korea acquisition bid


MBK Partners strengthens retail biz prior to eBay Korea acquisition bid
Posted : 2021-05-13 09:17
By Lee Kyung-min
Local private equity firm (PEF) MBK Partners has appointed Lee Je-hoon, a financial and corporate management expert with over 30 years of experience, as the CEO of Homeplus. This strategic move will strengthen implementation of MBK s projected business model for the retail business involving synergy with e-commerce.
The decision by the PEF, the largest shareholder of the struggling retail chain, seeks to lay the groundwork for an ongoing merger and acquisition (M&A) deal regarding eBay Korea valued at up to 5 trillion won ($4.4 billion). ....

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FTC Prevails in Reverse Payment Case | McDonnell Boehnen Hulbert & Berghoff LLP


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That decision was anything but a complete victory for the Commission s position.  Indeed, Justice Breyer wrote a relatively nuanced opinion holding, most importantly, that such settlements were not a
per se antitrust violation (the FTC s original position).  Rather, the Court held that such agreements must be evaluated under the rule of reason.   However, reasonableness (
i.e., how tightly tethered to reality) of any such determination depends in larger part on the reasoner, and this characteristic (or flaw) is illustrated in the first full-fledged appellate affirmance of the FTC in a reverse payment settlement case, 
The case arose over a settlement between branded drug maker Endo against Impax over its extended-release oxymorphone opioid drug product, Opana ER.  The agreement, entered into before the Supreme Court s ....

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