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$LXK said its shareholders have approved the definitive merger agreement whereby $LXK is to be acquired by a consortium of investors led by Apex Technology and PAG Asia Capital and including Legend Capital Management. Upon completion of the transaction, $LXK shareholders will receive $40.50 per share in cash.
$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.