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Insurance startup is trying to compete with the big boys. We have that and a whole lot more on nightly Business Report for this february 25th. Good evening, everyone, and welcome. After months of punishing snow storms and bonerattling temperatures across much of the nation, a lot of people along with retailers, real estate agents, auto materials and just about everyone else seem to have bad case of spring fever. With the First Official day of spring three weeks away were getting now some hard numbers on the weathers toll on the economy. Specifically its toll on two of the nations biggest store...

here as we got near final figures on the dow. i know i'm speaking, the dow is up 33 -- hello there, yes, i'm wearing my microphone again. we had been up about 70 points. the nasdaq is up 17 and the s&p just up over 6 points. this is near final figures. the markets may have seen modest gains today, but have we seen a bottom of sorts yet. just a few months of trading left for the quarter and the first half of the year. they have tacked on major gains recently. one of our next guests says the worst is not over yet. joining us is joe, maggie, great to have you all. maggie, i want to star...

universal. joining us now is andrew ross sorkin. this, i guess, clears the way to see this deal get done. >> absolutely. i think you're going to see a transaction announced. hopefully. i'll tell you, this saga has dragged on. on thursday morning, the deal was reached or tentatively over the weekend and the papering over of the transaction started yesterday. >> so why a deal announced on thursday? what are we hearing about this now? >> i'll tell you what the big issues were. first, there was a bid/ask/spread on the transaction itself. that will be the value to vivendi. so there's thre...