Here are the big stories were watching China Central bank cutting the bench mark interest point. The move giving stocks a boost in asia today. And then this one is deep. A big deal. Check this out. Nxp, andrew is buying free scale. Check out the nxp price. Its in cash and stock about 12 billion is what they said. No premium initially because it closed at 36. 11 free scale did. And theyre paying 36. 14 in cash and stock. Look what happened to the acquiring company nxp is up 14 or 15 . So the tieup between the two companies are getting more valuable by the second. But its more than 40 billion. Both make a lot of things for cars. You know, some mobile stuff but i think free scale was mostly microcontrollers and nxp has recently gotten into stuff for payments, too. Which is getting both have been in private equity hands and come out. Freescale used to be motorolas semiconductor and nxp was part of philips. You know this . I did. Did you really . Youre acting like everything im telling you
Daniel Terrance Mjolsness was born June 17, 1949 in Fargo, ND. He received his Bachelor’s degree from Concordia College in Moorhead, MN, where his passion for music and singing grew