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Advisors, Private Equity

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As oil prices continued to fall, most in the industry prepared for a steady stream of mergers and acquisitions. But “the much anticipated wave of consolidation due to rock-bottom” prices hasn’t happened, Forbes reports. They explore how a “debt hangover” is standing in the way of deals.

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This Week in History… the Supreme Court rules that the “carriage tax” is constitutional as an indirect tax passed by Congress. (1796)

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