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$MYL expects to achieve pre-tax annual operational synergies of about $350MM by year four after consummation of the offer. Following completion of the Meda acquisition, $MYL will have a financial profile with about $11.8Bil in combined 2015 sales and combined adjusted EBITDA of about $3.8Bil. The offer is expected to close by end of 3Q16.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.