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On Sept. 4, 2015, $TE announced that Canada-based Emera Incorporated would acquire $TE for about $6.48Bil. Under this acquisition agreement, $TE's shareholders will receive $27.55 per share. Apart from the cash offer, Emera will also assume $TE's debt worth around $3.9Bil, which brings the total deal value to $10.4Bil.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.