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$RAX said it agreed with affiliates of certain funds managed by affiliates of $APO to be acquired for $32.00 per share in cash. Funds managed by Searchlight Capital Partners will make strategic equity investment in the acquired company. The transaction has total value of $4.3Bil, which includes assumption of $43MM of net cash.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!