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$HPE added that the transaction is expected to close by the second half of its FY17. The company will also receive a $2.5Bil cash payment prior to the completion of the merger, resulting in total consideration to $HPE and its shareholders of approx. $8.8Bil. The transaction is expected to be tax-free to the company.
$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.