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$KKD said it is being taken private, with JAB Beech agreeing to buy $KKD for $21 per share in cash, or a total equity value of about $1.35Bil. The agreement, which has been unanimously approved by $KKD's BoD, represents premium of about 25% over closing stock price on May 6. The transaction is expected to close in 3Q.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!