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On Aug. 26, 2015, $CAH acquired a 71% ownership interest in naviHealth Group Holdings, L.P. for $238MM, net of cash acquired of $53MM. The acquisition was funded with cash on hand. The acquisition of naviHealth, a leader in post-acute care management solutions, expands the company's ability to serve health plans, health systems, and providers.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.