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$HPE also said the $CSC transaction is expected to deliver about $8.5Bil to its shareholders on an after-tax basis, including an equity stake in the newly combined company valued at more than $4.5Bil. $HPE expects merger of two businesses to produce first year synergies of about $1Bil post-close, with a run rate of $1.5Bil by end of first year.
$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.