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$SVU to sell its discount chain Save-A-Lot to Canada's Onex for $1.36Bil. $SVU expects to use the net proceeds from the sale to prepay at least $750MM against its outstanding term loan balance. The company intends to use the remaining net sale proceeds to further reduce debt. Barclays Capital & Greenhill & Co acted as financial advisors to $SVU.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.