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$DLTR Acquisition Update: Dollar Tree, Inc. announced that it has completed the acquisition of Family Dollar Stores, Inc. creating a combined organization with sales exceeding $19Bil annually with more than 13,600 stores across 48 states and five Canadian provinces. Gary Philbin named President and COO of Family Dollar Stores.
$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.