LOUISVILLE, Ky.--(BUSINESS WIRE)--Brown-Forman Corporation (NYSE: BFA, BFB) today announced that its Board of Directors has received an unsolicited proposal from Sazerac to acquire Brown-Forman, and, taking into consideration Wolf Pen Branch, LP’s view as noted below, has concluded that Sazerac's pr

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Oil dropped and US equity-index futures rallied as the US and Iran refrained from retaliatory strikes, easing concerns over potential disruptions to Middle East energy supplies after a recent escalation in the conflict.

Gold rose, after a pause in fighting between the US and Iran over the weekend eased oil supply risks and inflationary concerns.

A year ago, Philippines President Ferdinand Marcos Jr.’s annual address to Congress shocked the nation with revelations of billions of dollars of graft involving flood-control schemes. The disclosure triggered an economic slump as projects slowed and consumers and businesses cut spending.

Many bars and restaurants were also forced to close, although flights were still running during the disruption

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Federal Reserve Board issues enforcement action with TS Banking Group, Inc. and TS Contrarian Bancshares, Inc.