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Pawn stores operator $FCFS, along with $CSH, said the merger of equals transaction between the two companies received shareholder approval at both companies. The closing is expected to occur on Sept. 1, 2016. The combined company will be named FirstCash, Inc. and will be listed on NYSE under the ticker FCFS. It will begin trading on Sept. 2, 2016.
$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.