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Company News for May 17, 2016


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• Tribune Publishing Company's ( TPUB ) shares jumped 22.8% after competitor Gannett Co., Inc. ( GCI ) raised its bid to acquire Tribune from $12.5 a share to $15 per share in cash

• Shares of Memorial Resource Development Corp. ( MRD ) increased 3.1% after Range Resources ( RRC ) decided to acquire the company in an all-stock deal of $3.3 billion or $15.75 per share

• Terex Corporation's ( TEX ) shares surged 10% after the company decided to sell its Material Handling and Port Solutions unit for $1.27 billion to Konecranes Plc 

• Shares of Williams Companies, Inc. ( WMB ) increased 6.4% after the company filed a suit against Energy Transfer Equity LP ( ETE ) to ensure that their merger remains on track 


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GANNETT CO INC (GCI): Get Free Report

MEMORIAL RESRC (MRD): Free Stock Analysis Report

RANGE RESOURCES (RRC): Free Stock Analysis Report

TEREX CORP (TEX): Free Stock Analysis Report

WILLIAMS COS (WMB): Free Stock Analysis Report

ENERGY TRAN EQT (ETE): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Business , Investing , Investing Ideas , Stocks
Referenced Symbols: GCI , RRC , TEX



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