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$AEP agreed to sell four competitive power plants totaling 5,200 megawatts (MW) for about $2.17Bil to a newly formed joint venture of $BX and ArcLight Capital Partners. $AEP expects to net about $1.2Bil in cash after taxes, repayment of debt associated with these assets and transaction fees. The sale is expected to close in 1Q17.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.