Want to join the conversation?
The purchase price of $409MM includes $315MM of cash, issuance of $1MM shares of company's common stock, and issuance of 87,500 shares of 3% Series A Convertible Preferred Stock. $CSAL intends to fund cash part of the transaction through cash on hand and borrowings under its revolving credit facility.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!