Want to join the conversation?
$RKT $MWV M&A Update: Rock-Tenn & MWV, today announced that shareholders of RockTenn & MWV have overwhelmingly approved proposed combination of two packaging companies into WestRock Company, at their respective special meetings held earlier today. RockTenn & MWV have now received all necessary approvals & expect transaction to close on July 1, 2015
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.