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$DHR agreed to buy $CPHD. The acquisition has been unanimously approved by the BoD of each company, and the $CPHD BoD has unanimously recommended that its shareholders approve the transaction. $DHR expects to finance the transaction with available cash and proceeds from the issuance of debt.
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.