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$MRCY said it closed its previously reported acquisition of the embedded security, RF and microwave, and custom microelectronics businesses from Microsemi Corp. $MRCY acquired these businesses for a total purchase price of $300MM, subject to adjustment for certain working capital items.
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.