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$CCC closed new $400MM syndicated credit facility. The $300MM 5-year revolving credit facility is expected to provide funding for about $151.5MM cash purchase price. This is related to the pending acquisition of CECA's wood-based activated carbon and filter aid business, which is expected to occur later this quarter.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.