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$BWLD said its BoD authorized an increase to its share repurchase program. The company intends to fund the program with a combination of cash and debt. The company also said it is targeting a leverage ratio of up to 1.5 times debt to EBITDA and that it plans to increase its line of credit facility to $500MM by 4Q16.
$TWTR mentions Snap as one of its fiercest rivals in its 10K filing. Great head start for Snap ahead of IPO!