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Bayer's acquisition of $MON is subject to customary closing conditions, including Monsanto's shareholder approval and receipt of required regulatory approvals. Closing is expected by the end of 2017. Bayer has committed to a $2Bil reverse antitrust break fee, reaffirming its confidence that it will obtain the necessary regulatory approvals.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?