karl ikan says the company is worth more than the price offered. >>> this is one of the things we'reching on the satellite. there is this band of rain, and the flooding that rain continues in colorado, not much changes there, unfortunately looking at more rounds of flooding across the southwest. cooler air moving towards chicago, washington up to 80, still a warm day in new york but not as hot as yesterday. the trend is for those numbers to go down for the next few days. the front is pushing south through chicago now. seeing very comfortable weather across the northern plains, and that will be all spreading east. the temperatures clearly dropping as you head north from chicago to minneapolis, a big 10 degree temperature drop. the cooler air is moving south. you are still warm across the southeast with showers and storms possible, and that does include the northeast. showers and storms are likely. and that line continues to move east, so watch for strong showers and storms followed by cooler temperatures. 88 today, close to 90, still muggy out there. and then barely climbs down to the

. >>> after a bitter fight with investor karl ikan, michael del is taking back the company the foundedwill be a $25 billion purchase by del and his partners. ikan said the company is more than the 13.88 a share buyout price. >>> washington, d.c.'s mayor says no to the so-called living wage bill. the plan that would force wal-mart and other employers to pay employees a minimum of $12.50 an hour. wal-mart threatened to close stores in the city if the bill became law. ♪ >>> i'm david warren, we are starting nauf colorado. this is the weather situation there. a lot of rain over the same area and it's not changing much. this is the weather pattern, bringing all of this moisture from the southeast. it hilts a stationery front and then turns west. any front rage of the rockies joshgs a lot of moisture gets squeezed out, so that is what is causing all of the rain there. the rain does not move on the radar, but the wind continues to bring in a lot of moist air. not much change in the weather pattern, so more flooding is expected there. flash flood watches and warnings all across the front range