Yesterday late in the day we got another famous tweet from mr. Icahn saying he had written a new letter to apple. Weve heard some of the contents of that letter, which apparently is about to be made public, if it hasnt been already. Theres the tweet were referring to. The specifics that havent been shared completely as of yet or perhaps are just in the process of being shared is that mr. Icahn wants to tender immediately, buy apple for 150 billion worth of its shares. Its choking up jim over here. Right now he wants to tender an offer . At the current price is what hes asking for in the letter. He also says in the letter that he would not tender his own shares into that immediate tender offer, again of 150 billion. So roughly about a third of the market cap of the company at its current price. And he also said he would not tender. And he has raised the stakes on the earnings to 4. 7 million shares. It has been roughly 4 million shares. Were talking about a 2. 5 billion position for mr.
Business week. We have been talking about this buying aours Google Company that makes digital smoke detectors. 3. 2 billion. Not bad for a little thermostat company. I dont know what is more surprising, google buying it or them selling. One of the cofounders of nest made a ton of money make working at apple both of the cofounders worked at apple. They were behind the ipod. These guys dont need the money, that is for darn sure. But teaming up with google gives them some runway in some capacity that they wouldnt have otherwise because they still remain a very small company. Hardware company is different from a software company. They were looking at raising hundreds of millions of dollars. The deal, i should mention, is still pending regulatory approval. Once they are part of google they will mandatory about money. Scaling is a much easier proposition for them. What else do they do . Faddell and rogers have always talked about the greater implications than just come in this case, a smoke
The Police Department couldnt release the name of the offices]r fatally shot 18yearold Michael Brown as soonnouri al malaki finally agreed to step down. Meanwhile president obama isis siege of mount sinjar has been broken. Well continue air strikes to protect our people and faci parkinsons. He wasnt ready to share it publically. In north sisters are back home after an apparent abduction. There are bad people out there that we are going to catch. In south korea, pope francis meeting with young catholics. The pope held mass at a yuj stadium. Paul mccartney brought down the house at Candlestick Park the last performance this stage will see. All that the frempbl athlete took his shirt off and the gold medal was taken mattererers. Olympic added the words y areolo and this mornings eye openerer presented by toyota. Lets go places. Viek. Captioning funded by cbs welcome. We have peace in the streets of ferguson, missouri. People around the country are protesting the Deadly Police shooting tha
Out to be a cordless drill pam the surprising revelation about Robin Williams medical condition before his suicide. Pam parlinsons disease is a disease of the brain and actuually the body whoosh pam and we are live at Candlestick Park were tens are saying good bye to a landmark and hello to an pam choice for prime time news. male announcer this is the bay area news station, kron 4 news starts now. Pam new video tonight of the scene of a Deadly Police pam police say, they received calls. A woman with a weapon was threatening on blossom hill road. Pam tonight an investigation is underway. Died at the hospital. Em pam kron 4s Philippe Djegal is with the latest. Philippe . First i heard a shot at but it was a firecracker. I came outside, the ambulance and police were outside. Very scary. This earths reporter this is a closeup view of a black cord drill it was directed at police officers. It was officer that shot fired at least one shot striking the woman. She fired her weapon out of the sa
Just does not make sense. Kron4s Philippe Djegal is live where the shooting happened with late details. Philippe . Philippe djegal pam. All is quiet now after a traumatic day for this community. Tonight a young woman is dead. Shot to death by another woman. And, the shooting was captured on video. This cellphone video filmed by a witness shows San Jose Police officers surrounding a home on blossom hill road. Pleading for a woman inside believed to have a gun to come outside. After several minutes, police say the 19yearold showed her face, seen holding an object in her right hand. Keep in mind officer Albert Morales says police were under the impression that the woman was armed. Em officers responded to a call regarding a female, uh, who was in possession of an uzi type assault weapon, and she was threatening to kill family members. Philippe djegal the video shows the woman pointing the object at officers three times before she continued walking towards them. Drop that weapon. Put it do