Want to join the conversation?
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.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$FB stock remained in the green territory after Raymond James upgraded shares to strong buy from outperform, on expectations that overall 4Q16 ad spending was strong.
$ARRY Good day for the stock, jumped 7%. Great gains !
2017 was supposed to be another record year for automotive industry. Still, $F Ford thinks its profit will dip in 2017..!!
$KKR to buy Hitachi’s power tool unit Hitachi Koki for $1.3 billion. Looks like KKR & Co is going strong in Japan! Remember when it bought Calsonic Kansei a while back?