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Coty forms a special committee to consider JAB offer

“COTY, -0.41% said Friday that it has formed a special committee to consider the tender offer from JAB Holdings Co. for 150 million shares of Class A common stock at $11.65 per share in cash” writes Tonya Garcia for marketwatch.com. Coty shares have sunk 48.6% over the past year while the S&P 500 index SPX, +0.79% has gained 1.3% over the last 12 months.The committee has 10 days from the date the offer was announced, Feb. 13, 2019, to notify stockholders of their recommendation.The three-member committee “of disinterested, independent directors”…

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Mizzou officially appeals NCAA’s sanctions on football, baseball and softball programs

“Missouri worked hand-in-hand with the NCAA during the investigation, and Sterk admitted he thought the school would receive some leniency” writes Kevin Jairaj-usa Today for foxsports.com. The school began its own investigation after Kumar claimed on social media that she had committed academic fraud. Source: foxsports.com

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Firearm stocks shrug off gun-control momentum among House Democrats

“A push by Democratic lawmakers to tighten regulations on firearms sales, which gained momentum when a House committee backed a bill requiring background checks for all buyers, wasn’t enough to buoy stock in the two biggest U.S. gunmakers” reports washingtonexaminer.com. “Both of the bills passed out of the committee today tackle real problems within our current system,” said Chairman Jerry Nadler, D-N.Y., who criticized what he said were efforts by some Republican committee members to obstruct the measures. Source: washingtonexaminer.com

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Rule change sharpens Dem investigations…

“As part of the investigation, Cummings requested sit-down, transcribed interviews with all employees in the White House personnel security office” reports thehill.com. The investigations threaten to dog the White House well into the 2020 campaign.Now, Democrats are preparing expansive investigations into the Trump administration on everything from Russia’s election interference to the White House security clearance process to Trump’s own financial dealings. Source: thehill.com

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Election Security Experts Testify Before Committee

“Several election security experts testified before the House Homeland Security Committee on Wednesday as the 2020 presidential field continues to widen” writes Joshua Barajas for pbs.org. Watch it in the player above. “Election security should not be a partisan issue, but Congress has done far too little to prevent foreign election meddling after Russia interfered in the 2016 election,” committee Chairman Rep.Bennie Thompson, D-Miss., said in a statement announcing the hearing, saying that the time to act is now. “The 2020 election season has already begun.The American public deserve to…

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The panel’s longtime chair had repeatedly attacked scientists and pushed climate misinformation. Those days are over.

“But the scientific community has stressed that the world is rapidly running out of time to stave off potentially irreversible global warming” writes unknown author for huffpost.com. Lamar Smith (R-Texas), the 14th-longest-serving member of the U.S. House, who led the committee for the last six years.The San Antonio native left behind a long history of harassing federal climate scientists, dismissing the threat of climate change and stacking hearings with industry lobbyists and like-minded skeptics.But for anyone who has followed the committee over the last several years, Wednesday was ― aside…

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Sprint and T-Mobile make merger case to House committee, pledging to take on cable companies and accelerate 5G

“But not everyone is convinced that removing a competitor from the market will increase competition” writes Monica Nickelsburg for geekwire.com. For months, Legere and Sprint CEO Marcelo Claure have argued that their combined company would accelerate deployment of 5G wireless technology and improve service to rural Americans.So he said Monday in a hearing of the U.S. House Energy and Commerce Committee over his company’s proposed merger with Sprint.In April 2018, T-Mobile and Sprint agreed to merge and create a $146 billion company under the T-Mobile name. Source: geekwire.com

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Devin Nunes seeks subpoenas as criminal referrals loom in FBI bias investigation

“Just last week, the new chairman of the committee said that he is going to reopen the Russia investigation” reports washingtonexaminer.com. Devin Nunes, R-Calif., said Tuesday the GOP minority in the House Intelligence Committee last week offered up the names of roughly a dozen people they want to subpoena as the Democrats revitalize the panel’s Russia investigation. Source: washingtonexaminer.com

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Senate intel chairman threatens Michael Cohen after he postpones testimony

“The way he’s positioning himself not coming to the committee we may help him go to prison,” Burr said” reports washingtonexaminer.com. Addressing a group of reporters on Capitol Hill, Burr R-N.C., said, “I can assure you that any goodwill that might have existed in the committee with Michael Cohen is now gone.”.  Source: washingtonexaminer.com

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House authorizes use of official funds to buy feminine hygiene products

“The House Administration Committee on Tuesday authorized the use of official funds to purchase tampons and other feminine hygiene products and ordered the House Office Supply Store to keep them in supply” reports washingtonexaminer.com. Sean Patrick Maloney, D-N.Y., Grace Meng, D-N.Y., and Debbie Wasserman Schultz, D-Fla., asked the committee on Monday to clarify what whether House members can use the Members’ Representational Allowance to buy the products.Congressional offices are also permitted to use the funds to pay for other hygiene products such as hand sanitizers, stain removal pens, and rubber…

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