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$EXP agreed to buy CEMEX S.A.B. de C.V.'s Fairborn, Ohio cement plant, as well as related assets for $400MM, subject to customary post-closing adjustments. The assets include a distribution terminal in Columbus, Ohio and a cement bagging operation. The cement plant has the capacity to grind nearly 1MM tons of clinker annually.
$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.