Asian stock indices, in particular in Vietnam, Indonesia and the Philippines — in the recent sinking after rising to record levels this year. USA and strength of the China war saw the profitability index of U.S. Treasury bonds increased the number.
Several companies have made headlines over the weekend with the merger of ProLogis Inc (US:PLD) and DCT industrial trust Inc. (U.S.prep) and Sprint Corporation (indexWith), T-mobile USA, Inc. (US:TB) and Wynn resorts, companies (Nasdaq:Wynn).
That’s how they did:
ProLogis Inc. (PLD)
Company prologis has agreed to purchase the DCT Industrial over the weekend.
In San Francisco real estate investment Fund (zpifn) acquired DCT industrial also Wright, for 8.4 billion in stock and assumed debt. The two companies will unite for the largest owner of warehouses in the world, as the demand for online shopping.
DCT shareholders garner 1.02 shares of the company prologis on each of them, according to a company statement on Sunday. This figure is a 16% premium over the closing price of the OST from $58.75 per share on Friday.
Both boards approved the transaction, which is expected to be completed in the third quarter. Dct has 71 million square feet (6.6 million square meters) of real estate in the pockets of real estate in areas such as southern California, San Francisco, new York, Seattle, South Florida and new Jersey.
They are among the areas that experienced the greatest demand for warehouse space and logistics services in connection with the growing popularity of e-Commerce.
The FPGA shares rose on Friday, about 1.1%, while the DCT shares rose 0.8%.
Sprint Corp (S) and T-Mobile USA Inc. (W)
Sprint and T-Mobile have finally reached a merger agreement.
Internet- $ 26.5 billion will combine two of the four largest carriers in the United States, reducing the number of major players in the industry to three. However, the deal is still awaiting regulatory approval from Donald trump’s administration.
Sprint and T-Mobile are the third and fourth largest wireless companies in the United States, respectively, and the transaction has been brewing for many years. The transaction was concluded due to the fact that the employee carriers and Verizon communications Inc.at (NYSE:VZ) and in the United States. (IndexT) have a much larger share of industry than the two companies.
The two companies said they plan to hire more employees after the acquisition, especially in rural areas. Helping to stimulate the labour market, where there is a decline in unemployment in recent years, can help her try to overcome regulatory hurdles.
T-Mobile CEO John legere will serve as CEO of the combined company.
S shares rose 8.4% on Friday, but fell by 7.4% after hours, while shares segment rose 0.7% and an additional 1.2 percent after the bell.
Wynn resorts, companies (Wynn)
Ex-Wynn worker resorts is being sued by former CEO Steve Wynn.
The company and, in particular, her former boss, was involved in a scandal of sexual behavior as a number of current and former employees spoke about wynn molested them for decades.
The former Director of the Wynn Las Vegas salon now sued for defamation, a claim was filed in the Clark country district court against Jorgen Nielsen, one of two people to go on record in regard to the allegations of harassment trends Steve Wynn.
Nielsen is a native of Denmark — is a stylist, who worked for Wynn resorts for many years, including Bellagio, Encore and wynn Las Vegas before leaving in 2013. He said that winn used the salon and Spa services to its casinos more often.
The stylist said “everyone was shocked” by winn when he was on the way to the salon. Nielsen told the “wall Street Journal” that he and other staff informed the company management about the behavior of the Wynn, but nobody helped.
”Falsely accusing Mr. Wynn in the sexual abuse #Metoo era, defendant Nielsen acted with the unlawful purpose to smear Mr. Wynn and job creation questions for Mr. Wynn at the time when he was involved in a controversial and very public litigation with his ex-wife, Elaine Wynn,”’ the lawsuit States.
Shares of WYNN rose 0.5% and fell after the bell on Friday 0.1%.
At the time of this writing, Karl Utermohlen not to take a position in any of the above securities.