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$RAX said it agreed with affiliates of certain funds managed by affiliates of $APO to be acquired for $32.00 per share in cash. Funds managed by Searchlight Capital Partners will make strategic equity investment in the acquired company. The transaction has total value of $4.3Bil, which includes assumption of $43MM of net cash.
$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.