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During 3Q16, $SYY entered into an agreement to acquire Cucina Lux Investments Limited, a parent holding company of the Brakes Group. The aggregate enterprise value to be paid by $SYY is approx. $3.1Bil and includes the repayment of approx. $2.3Bil of the Brakes Group's outstanding financial debt. The purchase price will be paid entirely in cash.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!