Self-administered and self-managed equity REIT $SSS said it has priced an underwritten public offering of 2,300,000 shares of its common stock at $105.75 per share. Net proceeds to the company after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approx. $234.5MM.
$VAR said as part of its Imaging Components business separation,
which is expected to be executed by the end of January 2017, $VAR will receive
an approximate $200MM cash transfer from Varex Imaging immediately prior to the
stock distribution. Varex Imaging will borrow approx. $200MM to fund this cash
$VAR has updated its previous plans to separate its Imaging
Components business. The separation is intended to be executed via a tax-free
distribution to $VAR stockholders of common stock in Varex Imaging Corporation,
a new stand-alone public company that will hold the Imaging Components
$WU said it is enhancing its existing relationship with mobile messaging app Viber for cross-border mobile money transfer capabilities to Viber users in the U.K. $WU and Viber have created a money transfer experience that will start and complete within the chat interface of Viber, not only providing the convenience of never leaving the app.
$JW.A$JW.B expects FY17 revenue to be flat and adjusted EPS to decline mid single digit, excluding the impact of foreign exchange. In October, Wiley closed its $120MM Atypon acquisition, which was first announced in August. The platform will replace the current Wiley Online Library platform in 2018.