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Bank holding company $FMBI acquires NI Bancshares Corp. (NIBC), the holding company for The National Bank & Trust Company of Sycamore with an overall transaction value of $70MM, pending regulatory approvals. After closing the deal, Mike Cullen, CFO of NIBC will serve as Regional President of DeKalb County for $FMBI.
$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.