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$CPGX said that it has agreed to be acquired by $TRP for $25.50 per share in cash. Including the assumption of $CPGX debt, the total enterprise value of the transaction is approx. $13Bil. The transaction is expected to close in 2H16. The transaction requires the affirmative vote of holders of a majority of $CPGX's outstanding shares.
$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.