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Real estate funds managed by DRA Advisors LLC have agreed to acquire $IRC in a deal valued at about $2.3Bil, including the assumption of existing debt. Under the terms of the agreement, funds managed by DRA will acquire all issued & outstanding common stock of $IRC for $10.60 per share in cash. Upon closing, $IRC will become a privately-held REIT.
Trivago N.V. (TRVG) announced today that it will release its financial results for the first quarter for the period ended March 31, 2017 on Monday, May 15, 2017. On the same day, trivago N.V.`s management will conduct a webcast beginning at 2:00 PM CET / 8:00 AM Eastern Time. These items will be available in the Investor Relations section of the company`s website at http://ir.trivago.com.
$VZ strikes again. After a depressing quarter, Verizon has jumped into action by launching its ultrafast competitor to Google Fiber - FiOS Gigabit Connection.
$PNRA is planning to expand its delivery service to about 40% of its restaurants by the end of this year.