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Dairy products manufacturer $DF said it has entered into an agreement to purchase the privately-held Friendly's Ice Cream retail and manufacturing business for $155MM. The deal is expected to close in late 2Q16. $DF expects the acquisition to be earnings and free cash flow accretive with an estimated EPS accretion of $0.06 in 2016.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.