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$SGNT said the acquisition price represents a premium of approx. 40.3% to its closing price of $15.50 per share on July 8, 2016. Following the merger, $SGNT will become a wholly owned subsidiary of Nichi-Iko, which intends to finance the acquisition through bank loans and available cash. The acquisition is not subject to any financing condition.
$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.