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$RBA intends to finance the deal through a combination of cash on hand and new debt, and has bridge financing commitments from Goldman Sachs Bank USA. Company expects the deal to add to earnings within first year and bolster growth in Gross Auction Proceeds, revenue and earnings over long term.
$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.