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$LH said it agreed to buy $SQNM in a cash tender offer for $2.40 per share, or an equity value of $302MM, which represents a total enterprise value of about $371MM, including debt. $LH formed an acquisition unit, Savoy Acquisition, that will begin tender offer to buy all shares of $SQNM for $2.40 per share. The closing is expected by year end.
$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 !!