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Elanco U.S. Inc., a subsidiary of $LLY, agreed to acquire Boehringer Ingelheim Vetmedica Inc.'s eight new product lines and its fully integrated manufacturing and R&D site for $885MM. The deal is expected to close by early 2017, subject to approval by the Federal Trade Commission and closing of Boehringer Ingelheim's asset swap deal with Sanofi.
$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.