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$ADI said it agreed to buy $LLTC in a cash and stock transaction for about $60 per share, representing an equity value for $LLTC of about $14.8Bil. $LLTC shareholders will get $46 per share in cash and 0.2321 of a share of $ADI common stock for each share of $LLTC they hold at closing of the transaction, which is expected by end of calendar 1H17.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.