Stories this morning. Deal news dominating this morning. Valeant ends the buyout deal for allergan. They made an unsolicited deal last spring. It looks like the soap opera could end, 210 is more than they expected. Hackman and valeant are going to share the profits that ackman has reportedly made with the stock at 40 . This is a winwin situation because of the way he structured this. But valeant shareholders effectively split the profits with ackman. With the purchase there. Thats pretty interesting. We will see what they can do. I think that 210 is sort of a knockout blow. But because the expectation was that valeant could only go to 200 or 205. Valeants ceo said they were going to be getting great tax benefits out of the deal. So the question is, what does ackman get out of this . Did you just say that the stock is at 213 . I could be wrong. There could be a higher bid potentially. Wow. There it is. Look at you. Always good to be right. Well, i dont know. Maybe theres more to be had
2015. I hereby appoint the honorable Randy Hultgren to act as speaker pro tempore on this day. Signed, john a. Boehner, speaker of the house of representatives. The speaker pro tempore the prayer will be offered by our chaplain, father conroy. Chaplain conroy let us pray. We give you thanks, o god, for giving us another day. As you make available to your people the grace and knowledge to meet the needs of the day, we pray that your spirit will be upon the members of this peoples house, giving them the richness of your wisdom. Bless the members of the Minority Party as they gather these next days. May they, with those who accompany them, travel safely and meet in peace. Bless, also, the Majority Party as they return to their constituencies. Give them hearts and ears to listen well to all those whom they represent. May the power of your truth and our faith in your providence give them all the confidence they must have to do the good work required for service to our nation. May all that i
Fall and the worst case scenario, no one walking by will be hurt by it. Good news coming from Stephanie Gosk in lower manhattan. Thank you so much for the update. Now, lets send it to luke in washington, where its sort of kind of the first day of school. Oh, 535 of the honorables are back yes, memberselect. But will it make a difference . The 113th congress is gaveled in for its final four weeks in session before the end of the year and the start of republicans control of both chambers. This city is back in action or is it inaction . The president s a lame duck and so is his party on the hill. Democrats who lost last week are boxing up belongings clearing away for freshmen to unpack their bags. The new class doesnt take office until january 3rd. But orientation starts tonight for the memberselect, soontobe Senate Majority leader Mitch Mcconnell welcomed incoming gop leaders this morning. Were really excited about having a great new bunch here. We are here to make the place function aga