Want to join the conversation?
Warsaw, Indiana-based $ZBH said it will commence a tender offer to acquire all of the outstanding shares of $LDRH for $37 per share in cash, which implies a transaction value of approx. $1Bil. The transaction is subject to customary closing conditions and is expected to close in 3Q16.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.