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$TW said, under the revised terms, its stockholders would receive a modest discount of approx. 3.3% to the value of their shares the day prior to the $WSH deal announcement, below the average merger of equals partner discount of 4.1% in precedent transactions. $TW shareholders had rejected the deal earlier and the next vote will be on December 11.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.