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As per terms of merger, $EVHC shareholders will own about 53% and $AMSG shareholders will own 47% of the combined organization on a fully diluted basis. The deal has been approved by the BoD of both companies. Combined company will be named Envision Healthcare Corp. and the common stock is expected to trade on the NYSE under symbol EVHC.
$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.