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$RRC and $MRD announced the completion of the merger agreement, whereby Range will acquire all of the outstanding shares of Memorial common stock in an all-stock transaction valued at about $4.2Bil, including the assumption of Memorial's net debt. The transaction was approved by $RRC and $MRD shareholders at special meetings held on Sept. 15, 2016.
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.