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Bayer said it is highly confident in its ability to finance the $MON transaction as it is backed by BofA Merrill Lynch and Credit Suisse. Bayer said it intends to finance the deal with a combination of debt & equity. The expected equity portion represents about 25% of the deal's enterprise value, expected to be raised mainly via a rights offering.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.