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$NWL has decided to sell some other businesses including its two winter sports units, Volkl and K2, its Heaters, Humidifiers, and Fans business and the Rubbermaid Consumer Storage business. Sales processes are underway and the divestitures are expected to be completed within 1H17. $NWL will retain its Dymo Industrial labeling business in Tools.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.