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Under $D / $STR merger terms, $STR shareholders will receive $25 per share, or about $4.4Bil. $D has assumed about $1.5Bil of $STR's outstanding debt. $STR shareholders of record on close of business Sept. 16 will also receive a pro-rated dividend of $0.07018 per share, payable Sept. 19.
$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.