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$MNK agreed to sell its Nuclear Imaging business to IBA Molecular. The total consideration of about $690MM before tax impacts, consists of about $574MM of up-front consideration, assumption of about $39MM of long-term obligations, and about $77MM of contingent consideration. TAP Advisors acted as exclusive financial advisor to $MNK.
$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!