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$OUTR said it will be acquired by certain funds managed by $APO. Morgan Stanley is serving as financial advisor to $OUTR and Wachtell, Lipton, Rosen & Katz and Perkins Coie are serving as legal counsel. In addition, on July 24, $OUTR's BoD declared a quarterly dividend of $0.60 per share, payable on Sept. 6 to stockholders of record on Aug. 23.
$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.