Want to join the conversation?
Specialty biopharmaceutical company $SHPG said it is buying $BXLT. Under the agreement terms, $BXLT shareholders will receive $18 in cash and 0.1482 Shire ADS per Baxalta share. Based on $SHPG's closing ADS price on Jan. 8, 2016, this entails a total current value of $45.57 per $BXLT share, representing an aggregate consideration of approx. $32Bil.
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.