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Lodging and hospitality company $MAR to acquire $HOT, which was approved by BoD of both companies. The deal is expected to close in mid-2016 & to add to earnings from second year of the merger. Transaction costs to total approx. $100-150MM, which is to be incurred over the next two years.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.