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$EPIQ said its BoD unanimously approved the transaction and recommends that its shareholders vote in favor of transaction. Upon closing of transaction, $EPIQ shareholders will receive $16.50 in cash for each $EPIQ's common share. $EPIQ will become a privately-held company and will be combined with DTI, majority-owned by OMERS.
$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!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.