Want to join the conversation?
Home builder $LEN said it will acquire lifestyle community developer $WCIC in a cash and stock transaction worth $23.50 per $WCIC share. This represents a 37% premium to $WCIC's closing stock price on Sept. 21, and gives $WCIC total equity value of $643MM and an enterprise value of $809MM.
$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.