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Communications company $CBB plans to offer $425MM aggregate principal amount of its senior notes due 2024. The company intends to use the proceeds, along with cash on hand, to purchase its outstanding 8.375% senior notes due 2020 in a tender offer commenced on Sept. 13 and to redeem or discharge any 2020 notes not purchased in the tender offer.
$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.