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In Sept. 30, 2015 $SLG entered into an amendment to the MRA to extend the maturity to June 29, 2016. As of Dec. 6, 2015 the company will be required to pay monthly in arrears a 25 BP fee on the excess of $150MM over the avg. daily balance during the period if the avg. daily balance is less than $150MM.
$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.