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$EXP intends to finance the deal through a combination of cash on hand and borrowings under its existing bank credit facility. After the close and financing of the transaction, $EXP is expected to have a net debt to EBITDA ratio of no more than 2.0x. Goldman, Sachs & Co. is acting as exclusive financial advisor to $EXP on this transaction.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.