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Yesterday, $MYL announced that it intends to start its hostile takeover of $PRGO on Sept. 14, 2015, when it will ask the latter's shareholders to accept the proposal that management rejected. MYL's offer is $75 in cash plus 2.3 $MYL shares for each $PRGO share, which values the deal at $185.52/share or 2.63% premium to its closing price of $180.77.
$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 !!