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Holding company $GFF said it has notified the trustee under the indenture for its 4% convertible subordinated notes due 2017 that the company will settle, upon conversion, up to $125MM of the conversion value in cash, with the incremental amount to be settled in shares of $GFF common stock. The 2017 notes mature on January 15, 2017.
Late realization to $T that it cannot compete in the unlimited data market with its existing plans! Its newly launched plans seem more reasonable.
Wow, the new $HPE Pro x2 612 G2. Finally, a Surface Tab you can use for business!
$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!