Well break down all the mergers and acquisitions and wheel talk to miles white about his 25 billion of st. Jude. A strong Earnings Report after the bell yesterday, the company shattered estimates and is proposing a new sale structure. And well take a look at how the day on wall street is shaping up. Lets get to m a. The deal valuing st. Jude at 85 a share. Lets keep a close eye on abbott labs stock. They expect to add to earnings. Wheel have an interview with ceo white. And a crossborder hostile for medivation. We have plenty in the world of health care so to speak. Jim, lets start off with abbott. By the way, they also have this olear deal on tap. That kaem prior to them signing a confidential agreement late in february to get this deal done on st. Jude. Theyre talking big accretion. Im looking at a stock that is down pretty dramatically. Its a cash and share deal. So it is going to have the effect of hurting the overall value of the deal. 4675 in cash and. 8708 shares of abbott. Lets
This is the best daily performance since january 28th when it was up 15 . I will tell you what, we asked yesterday whether or not it is the outlier and it is. Truly is, and these results are staggering for a company this size without advertising is growing extrooaordinary within e United States and how well they are soaking up money, and taking advertising from digital, and print and other companies, and am amazing importance. Anything else in the share class ta makes you scratch your head . No, Mark Zuckerberg has had control of the company. And you read the prospectus, and he said, i have a long term view, and if you dont like it, sell it. Great quarter to announce it. People are more forgiving. Exactly. I will stay in control and the investors seem to like that idea. It is really staggering, but the rate of the growth and the moat they have around the assets and the amount of data they have and not just about the intent expre expressed through search, but where you are, what you are
June is when many Maine citizens weigh how much to spend on school budgets, and polls are open on Election Day for voters to cast ballots on other business, including municipal and county budgets. It is also time to elect local officers to municipal.
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