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In Oct. 30, $KEY agreed to buy all outstanding capital stock of $FNFG for about $4.1Bil. Each common share of $FNFG will be converted into right to receive 0.680 of $KEY common share and $2.30 in cash. The merger is now expected to close during 3Q16 and is subject to approval of regulators and both companies shareholders.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!