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Casino entertainment company $ERI said it will acquire gaming company $ISLE for $23 in cash or 1.638 shares of $ERI common stock, reflecting total worth of about $1.7Bil. This will include $929MM of long-term debt of $ISLE and its subsidiaries. The deal value represents a 36% premium over closing share price of $ISLE on Sept. 16.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.