depo med focuses on products e drug industry. shares of depot med soared. >>> meantime health insurers ar final. and they all finish aetna and humana. and on a pace for one of the best years since before the financial crisis. according to deal logic more than $2 trillion worth of merger deals have be announced so far this year. and while that may be good forr consumers and main street? joined by diana moss who is president of american antitrust institute and adele farr who is law firm. n there are a lot of industries from insurance where the big six cable television where the dominant percent of broadband in some mergers go through. airlines where the big four control 80% of the marketplace. why shouldn't consumers be worried that this is not good for them even though it's very good very good for the ceos who pull the mergers off? >> well,it good for one of the things that i think -- >> time warner ceobu i think on the act i think certainly tryin is a very, very big prop go down the and while o turn out to be somethin that gets t

the depo, part of a lawsuit from a former temple university employee. cosby's lawyers objected, saying it would embarrass cosby. just this may, abc's linsey davis asked cosby about the allegations. >> this is a situation that's unprecedented. my family, my friends, i, have been in this business 52 years, and i will -- i've never seen anything like this. >> reporter: one of cosby's accusers, beverly johnson, telling abc news he drugged her. >> i took a couple of sips of the cappuccino, and from the first sip and then the second sip, i knew i had been drugged. >> reporter: tonight the a.p. saying cosby's lawyers in the case had not immediately returned their calls. gio benitez, abc news, new york. >>> gio, thank you. >>> now another developing headline at this hour. it involves an alleged terror leader who authorities say threatened american lives on the fourth of july. tonight new reports that he might have been the one killed on the fourth. here's the image tonight. this isis recruiter issuing a message about the fourth, and then there's this. the air s

horizon pharma need a hostile -- made a hostile bid to buy depo med. this is the all-time high.t is the best day in more than 14 years. about $29.25 a share. in more acquisition news, we had to the gambling in this trade. gaming and leisure properties is a proposal toing buy pinnacle casinos. nickel is up by 6% here. this is an all-time high, it 47.5 share. billion.ue of $5 to take you to tesla. , the worstng 4.4% day since january. it is because deutsche bank cut its rating from baidu hold -- from by to hold. dominantld be the player going into the future. tesla shares are up 4% of their record high of $291 .42. take a look at my bloomberg terminal. under the function and are, you -- is athat analysts their lowest since august 2014. analysts are becoming slightly more bearish on the big momentum. mark: thank you, so much. let's get a look at the top stories classing -- crossing the bloomberg terminal. in a 16 fighter jet and a small plane have collided in south carolina. collided witht the cessna c 150 around 11:00 a.m. local time. it happened 11 miles north of charleston. the

recude: fabook/telemu n48 depoes ---vamos aepasar elpartido de la nal en laopa oro, pardo que se jugnmxico se coron campen de la copa oro por sptima vez en el torneo... con un marcador de 3 goles a 1 sobre jamaica... ad lib take sot jamaica méxico darren mattocks (80') andrés guardado (31') jesus corona (47') oribe peralta (61') ---al bisbol... ---serie de la baha tim hudson se convierte en el dcimo quinto lanzador en la historia con ---serie de la baha tim hudson se convierte en el dcimo quinto lanzador en la historia con tener un triunfo ante todos los equipos de las mayores... solo faltaban los atlticos y ayer lo hizo trabajando 5 entradas... ---tuvo ayuda por parte del tercera base matt duffy... hr dos campanas... ---victoria de los gigantes 4 a 3 y ahora estan a solo un juego de los dodgers en la divisin del oeste nacional... lorena/top vo --en mxico... sesenta fosas clandestinas con 129 cadvers han sido localizadas en el estado de guerrero, desde que se inici la bsqueda de los 43 estudiantes secuestrados en septiembre pasado... --92 de los cadaveres eran hombres, 20 mujeres y el

and it's also one of the reasons why i keep saying the poor lawyer who was defending that depo with cosbyhe one that we just saw, must have started tackling him when he started answering those questions. they had to know that was going to come out and eventually be a problem. >> i kept wondering if i was going to see the next line say zip it, zip it. thank you both. it's good to have you both with us. we'll have you back again. thank you so much. >> thanks, ashleigh. >> hey, o'mara. >> all right. so coming up, you've heard a lot about special prosecutors and the demand that special prosecutors come in when there's an issue between police and society. guess what? one walloping big state is about to make a big announcement about special prosecutors being the norm. we'll explain in a moment. >>> the state of new york may have a way to eliminate the perception of bias when it comes to the prosecution of police killings, when police kill civilians, a special prosecutor is now going to handle those investigations when civilians die in confrontations with the police. the governor of new york and

that is in the new york stock exchange and not to mention the cyber attacks and home depo that you talkedice of personnel management and this is impacting tens of millions of americans. this is the survey. master card found that 55 percent of the americans would rather have the photos go on the internet. apparently they don't see. you will recognize her a member of the fox news extended. what a survey. we rather have the nude photothan our information out there. >> it's interesting. it shoes how sensitive and a nowed photowill disa pore. how many celebrities had those and it disappeared from memory. but the power and impact of our social security and bank account numbers can destroy our lives in a difficult way. >> it is something that you looked at carefully. and what does it tell us in the last 24 hours of how well companies are prepared for a technical issue. >> i don't think it is it an indication of things going that well. and yes, thankfully it worked out best with the wall street journal and united airlines and the new york stock exchange. it was a stark remainer that this is a air

horizon pharma has proposed to buy depo med. haszon says the management rejected the proposal. scarlet: gaining and leisure properties raising offers to buy pinnacle casinos by 32%, giving the pinnacle assets and enterprise value of $5 billion. pinnacle owns 15 casinos and racetracks. those were your top stories this morning. we have a lot coming up in the next hour in the bloomberg market day, starting with ibm -- just one of the companies rewarding ceos for buying back shares rather than growing sales. it might be a case of misaligned incentives. carnival moves closer to selling cruise ships to cuba. the u.s. government has approved its request. trips could begin next year. the ceo will join us. matt: sweet. prices in hong kong and shanghai tumbled more than 1%, extending a bear market that has wiped out $3 trillion in profits. those stories and more coming up. while european leaders meet to discuss the debt crisis, how concerned is the market? we will bring in marcolina, president of jm -- mark li na, -- lehman, president of jmp securities. we have heard some interesting tho

i heard depo med is going to fight for now. >> i am a big fan of horizon but you can't have a fight.railed their strategy and takes them off their game. stick with it $33 goes to $40 price target. but i happen to like the company very much. it's a true roll up. there was a piece today in the journal. it just talked about which companies are doing the roll ups and how exciting they are. >> and all the ones that do the roll ups have tax advantages by being domiciled offshore. every one of them. that goes along with the roll up strategy being inverted even though you're a u.s. company, you don't pay u.s. taxes. >> the money investing pang bottom right bottom left is a piece about alcoa but tax inversion wave control and they talk horizon and endo and those are the leaders. >> endo will buy anything. they might buy your mexican place. >> will they buy the shenzhen? >> i don't know. but we can ask. >> there's a lot of companies that will be owned by the government soon in that country that started with the government. >> josh brown said they've even stolen our qe. that's how much they wan

the other thing is we need to start looking at targets like recruiting depos that are stuck in strip we need to start rethinking that. the d.o.d. set a bad example this weekend. >>> meanwhile, on a much much lighter note -- >> and we can use one. it's friday. >> academy award winner michael douglas is in a big summer movie about a small super pest but it's actually a superhero. >> why did you call them a pest them? >> i don't know. i'm going to apologize to michael douglas when he's here. when you're not confident your company's data is secure the possibility of a breach can quickly become the only thing you think about. that's where at&t can help. at at&t we monitor our network traffic so we can see things others can't. mitigating risks across your business. leaving you free to focus on what matters most. you're driving along, having a perfectly nice day, when out of nowhere a pick-up truck slams into your brand new car. one second it wasn't there and the next second... boom! you've had your first accident. now you have to make your first claim. so you talk to your insurance company

so a bid for depo med. they're not interested in.g they are hoping this will give shareholders confidence in the deal. we'll be talking with ceo tim walburt later on with jaim jim cramer. up about 58 on that sekd second quarter preannounced. hoping it gives the shareholders a willing inned to jump in. >> depo med has not only rejected prior overture they put a poison pill in. >> yes, they are stiff arming horizon, saying they are completely not interested and verizon saying they got an overlap in shareholders. people should be interested in this. >> meg, we appreciate you bringing those footballs this morning. we will tune into your interview later on. coming up, the economic data a busy one for earnings whark to watch in the markets this week that's coming up next. >>> then a live report from walk where the cuban embassy will ap for the first time in decades. >>> and the money mistakes millennials are making the author has financial tips for the young generation. stay tuned. . >>> stocks coming off a strong week, the nasdaq posting

the depo part of a lawsuit from a former temple university employee. objected saying it would embarrass cosby. just this may, abc's linsey davis asked cosby about the allegations. >> this is a situation that's unprecedented. my family, my friends, i have been in this business 52 years, and i will -- i've never seen anything like this. >> reporter: one of cosby's accusers beverly johnson telling abc news he drugged her. >> i took a couple of sips of the cappuccino and from the first sip and then the second sip, i knew i had been drugged. >> the a.p. saying cosby's lawyers in the case had not immediately returned their calls. gio benitez, abc news, new york. >> attorney gloria allred who represents several of his accusers says she hopes to use this newly revealed admission in court cases against him. >>> also breaking overnight, one person is dead after ice caves collapse in washington state. at least four other people were injured at the big four ice caves, a popular site for hikers. last night's accident follows another collapse on sunday which was cap

they told us it's making a hostile $3 billion takeover for depo net, and that representative of a 42%mium where depp med. after being repeatedly rebuffed by the board of directors, they're taking it right to the shareholders, you if you own it. if they can get them to agree, it could be terrific for both parties, but especially horizon pharma, because they have made a huge number of very smart acquisitions. we talked about them overand overagain on "mad money." buying drugs or the companies that make them and use the expertise to boost their sales. with depomed they want to get their hands on a opioid painkiller used by patients with nerve damage with patients with diabetes, along with a promising migraine drug, another growing population, not to mention other products of managing cancer pain. depomed is great. this could be a transformational deal for horizon, nearly doubling drugs from 7 to 13. going right to 40. plus it would instantly lower depomed's tax bill because they're based in ireland which has a super low corporate tax wait of 12.5%. it's very possible this deal won't happ

horizon pharma has proposed to buy depo met for $3 billion.he represents a 42% premium over the company's closing price yesterday. depomed's management has rejected the proposal. in kentucky and fire heavily damaged three buildings in the city's historic district. the buildings are more than 150 years old and were once used to sort barrels of whiskey. in the area is now being redeveloped into a retail and restaurant space. the final numbers are in. the women's world cup final was the most-watched soccer game in u.s. history. more than 25 million viewers watched the u.s. defeat japan on fox. matt: handily. destroyed. stephanie: that was more than watched the nba finals for the world series. the previous record was set last year for the men's world cup game. those are your top headlines. if that is not a screaming reason to have a tickertape parade for these ladies, i do not know what is. matt: they did an awesome job. most investors worry about market uncertainty but one company is getting a boost from it. virtue financial is that companies. th

horizon pharma offering to purchase depo med, the developer of drugs with extended release time.n's world cup final is the most watch soccer game in u.s. history. more than 25 million viewers tuned in funny to see the u.s. defeat japan on fox. that is topping ratings of the nba finals or even the world series. the previous soccer record was set last year for the men's world cup soccer game. tom: it is really impressive. brendan: it is amazing to watch a, tension grows throughout the entire tournament, not just be final where we play japan, but really the first round. tom: what do the players do next? vonnie: they go back to their professional -- brendan: sadly, they do not have the stanley cup, so i do not think they all get a day with the world cup i they can take a fishing like they do with the stanley cup, but sadly, there are some veterans who are retiring. abby wambach i think she is the most productive american player and among the top scorers internationally, period. she had been waiting for that her entire career. she had actually never won a world cup. tom: to the bloomb

will over ppg, spill over depo buy home depot. >> the stock was up celgene, up again .5 this morning.ugs the whole. >> there were these hedge funds that were challenging. he has come up with a pipeline within a pipeline. he is using a potentially $8 billion for what he has. he did it. he answered the critics with one fell swoop for $7 billion. >> in terms of the market value added at celgene. >> when you draw it up on payable and think about the reactions, certainly, what you are looking for. >> don't know if you know him, ex serviceman. university of virginia. he is a quiet unassuming brilliant man who made an acquisition. a lot of farm team stakes and a lot of different very interesting anti-cancer formulations. receptos that whole line of immmunological think of it as swelling. this was a brilliant acquisition. it is celgene. finally, three styles. >> general meals on the tape with news of potential job cuts and capacity reductions. ken powell was on "mad money" last night with jim. take a listen to this. >> half the people we interviewed said could you please ease off of artificia