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$LMT offered to exchange 76,958,918 shares of Abacus Innovations for shares of $LMT accepted in the exchange offer. Following the offer closing, each Abacus share was converted into one $LDOS share. Stockholders who tendered their $LMT shares got 8.2136 $LDOS shares for each $LMT share. $LMT was able to accept 9,369,694 $LMT shares for exchange.
$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.