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$CBOE agreed to buy Bats Global Markets for about $3.2Bil. The cash and stock transaction, which consists of 31% cash and 69% $CBOE stock, is valued at about $32.50 per Bats share. The transaction is expected to add to $CBOE adjusted EPS in the first year. The transaction is expected to close in 1H17.
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.