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$OSIS said it agreed to buy $ASEI for $37 per share in cash or total price of about $187MM, net of $82MM of $ASEI's cash and cash equivalents as of March 31, 2016. The closing is expected during $OSIS' 2Q16. The purchase enhances $OSIS security platform with backscatter X-ray inspection technology and services for critical security end markets.
$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.