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And don't miss Tara Lachapelle on Bob Iger's next act: "It's the riskiest move Iger has made, but it's also a necessary one and shows the same prescience as his smaller purchases, not to mention a financial discipline that stands out in an age marked by frothy, debt-fueled deals."
This column does not necessarily reflect the opinion of Bloomberg LP and its owners.
Max Nisen is a Bloomberg Gadfly columnist covering biotech, pharma and health care. He previously wrote about management and corporate strategy for Quartz and Business Insider.
To contact the editor responsible for this story: Mark Gongloff at mgongloff1@bloomberg.net.
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