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$SEE 1Q15 10-Q: On Feb. 11, 2015, SEE entered into an Asset Purchase Agreement with NOVIPAX, a portfolio company of Atlas Holdings LLC, to sell SEE’s North American foam trays and absorbent pads business for gross proceeds of $82MM, subject to purchase price adjustments. The transaction closed on April 1, 2015.
$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.