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$MRCY said acquisition and associated transaction expenses were funded with combination of new $200MM bank term loan A facility and cash on hand, which includes net proceeds of about $94MM from recent issuance of common stock in underwritten public offering. $MRCY has also put in place new $100MM revolving credit facility which remains undrawn.
Late realization to $T that it cannot compete in the unlimited data market with its existing plans! Its newly launched plans seem more reasonable.
Wow, the new $HPE Pro x2 612 G2. Finally, a Surface Tab you can use for business!
$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!