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Maker of lifestyle apparel $VFC said that it has agreed to sell its Contemporary Brands businesses to Delta Galil Industries, Ltd. for $120MM, subject to various working capital adjustments. The transaction is anticipated to close in 3Q16 and is subject to various regulatory approvals and other customary closing conditions.
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.