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$EXP intends to finance the deal through a combination of cash on hand and borrowings under its existing bank credit facility. After the close and financing of the transaction, $EXP is expected to have a net debt to EBITDA ratio of no more than 2.0x. Goldman, Sachs & Co. is acting as exclusive financial advisor to $EXP on this transaction.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.