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Company News for May 17, 2016

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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