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$LB is offering to sell $400MM of unsecured senior notes due 2035 in a private placement to eligible purchasers. The 2035 notes will be guaranteed by certain of $LB's subsidiaries. $LB plans to use the net proceeds for general corporate purposes, including CapEx, dividends and share repurchases.
$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.