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Healthcare diagnostics company $LH said its recently-acquired subsidiary, Sequenom, has started cash tender offers for any and all of its outstanding 5% Senior Notes due 2017 and 5% Senior Exchange Notes due 2018. There are currently outstanding $45MM of 2017 notes and $85MM of 2018 notes. The offers will expire on Oct. 17, 2016.
$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.