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Ames National Corporation latest news:
GameStop names Michael Mauler its new CEO
GameStop Corp. said late Tuesday that Michael K. Mauler has been appointed the company's new chief executive, effective immediately. Mauler will also join GameStop's board of directors, the company said in a statement. Mauler has been with GameStop for more than 16 years, and has served as executive vice president and president of the company's International business. GameStop shares were flat in late trading after ending the regular session up 3.1%. GameStop's previous CEO, J. Paul Raines, had been on medical leave. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Dr. Pepper Snapple and Keurig Green Mountain to merge, creating Keurig Dr. Pepper
Dr. Pepper Snapple Group Inc. and Keurig Green Mountain announced plans to merge on Monday, creating Keurig Dr. Pepper. Dr. Pepper Snapper shareholders will receive $103.75 per share as a special cash dividend and hold on to 13% of the newly-merged company. Keurig shareholders will hold the other 87%. Dr. Pepper Snapple shares shot up 39% in premarket trading after the announcement. The combined company will have pro forma revenue of about $11 billion. Keurig Dr. Pepper brands will include the namesake Dr. Pepper beverage, 7Up, Sunkist and Green Mountain Coffee Roasters, which includes the Keurig's single-serve coffee business. Global investment firm JAB Holding Company will make a $9 billion equity investment as a part of the transaction financing, and will be the controlling shareholder when the transaction closes. Mondelez International Inc. , JAB's partner in Keurig, will have about a 13% to 14% stake in the merged company. Mondelez shares are up 0.7% in premarket trading. Keurig Dr. Pepper will target $600 million in synergies on an annualized basis by 2021. Keurig went private in 2016. Dr. Pepper Snapple shares are up 6.2% for the past year, while the S&P 500 index is up 25.2% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Ames National Corp Reports Qtrly Earnings Per Share $0.29
Ames National Corp(ATLO): * Ames National Corp(ATLO) - QTRLY EARNINGS PER SHARE $0.29. * AMES NATIONAL CORP SAYS QTRLY NET INTEREST INCOME $10.1 MILLION VERSUS $10.03 MILLION - SEC FILING Source text: Further company coverage:
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