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Real estate funds managed by DRA Advisors LLC have agreed to acquire $IRC in a deal valued at about $2.3Bil, including the assumption of existing debt. Under the terms of the agreement, funds managed by DRA will acquire all issued & outstanding common stock of $IRC for $10.60 per share in cash. Upon closing, $IRC will become a privately-held REIT.
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.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!