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After a roller coaster year for deals, we look at what's in store for 2026.
Watching Trump and what's going on down in DC is going to continue to be a huge factor in the M&A market.
Plus, the heirs to a Texas billionaire will pay $750 million in the biggest U.S.
tax fraud case ever.
And the electricity crisis in Ukraine has left some parts of the country in the dark for days.
It's Wednesday, December 24th.
I'm Alex Oselev for The Wall Street Journal.
We're on a holiday schedule in your feed once a day,
and this is What's News, the top headlines and business stories moving the world today.
The estate of billionaire Robert Brockman has agreed to pay $750 million in back taxes and penalties,
settling a case that arose from what the US government called the biggest tax fraud charges ever filed against a person.
The details were revealed in a US tax court filing yesterday.
The IRS had been seeking $1.4 billion, including interest in the case.
Brockman was a wealthy Texas auto software entrepreneur who was known for his penny-pinching ways,
staying at budget hotels and eating frozen dinners in his room.