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Prior to closing of the merger, $ZFC will start a tender offer to buy its outstanding shares having an aggregate value of up to $64.3MM. The offer will be made at not less than $15.36 per share. The merger has been approved by both companies' BoDs. Company expects the transaction to close in 4Q16.
$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!