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Insurance holding company $AFG said its subsidiary the Great American Insurance Co will acquire $NATL for $320MM, which is based on a value of $32.00 per share and a $0.50 special dividend. The deal, expected to be complete during 4Q16, will generate tax benefit of approx. $64MM to $AFG.
$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.