ncr has been exploring options in the face of pressure from activist investors. take a look. it's one of the winners in germany up 12% in today's trade. starbucks plans to close all 23 of its pastry shops by the end of september. it bought them by $100 million to help boost it's baked options. they have been key in growing starbucks food sales which rose 16% in the most recent quarter but running the separate store which is are mostly in san francisco has become a distraction. starbucks shared down .7% in frank further. >> now still to come on the show handing over the reigns. rupert murdoch makes it official. giving up control of his media empire to his sons. details on that coming up after the break. ♪ ♪ ♪ (singing) you wouldn't haul a load without checking your clearance. so why would you invest without checking brokercheck? check your broker with brokercheck. more and more, data is visual. in fact, the number of mris has increased by ten percent a year. and a radiologist might view a thousand images to find one tiny abnormality in shape, contrast or movement. because it's

two private equity giants are making a bid for ncr. they're going to make a joint bid for ncr in a leverage buyout worth more than $10 billion including debt. they manufacture cash registers and atm. shares jumping more than 10% on this report. >> and former aigo ceo is not going away quitely after that sort of win, sort of loss the other day in court. his firm planning to appeal a court decision which if you remember did not award him damages: even though the judge ruled that the government acted illegally in it's $85 billion rescue of the insurance giant. they were seeking $40 billion in damages at the time. we'll talk about the stability of the financial system and the implications of that decision on future government bailouts. that court decision of future government bailouts with jeb jeb hensariling. >> and disney giving a hat tip to universal for the big jurassic win. sending out a tweet to the cast and crew of jurassic world. a picture of the film star on top of a t-rex holding thor's hammer. that used to be the top one. jurass

keep dry, kate kelly. >>> blackstone group and carlyle are making a joint mid for ncr according to aof box are up on news that the cloud storage provider isn't grating more with microsoft office and take-two interactive ceo strauss zelnick has a good deal of confidence in upcoming products because the video game publisher has had a hit title every year since 2007. >> summer may only be just beginning but christmas only 191 shopping days away. and ups and fedex have done something that could spell trouble for retailers this holiday season. morgan brennan, what is that? >> first of all, let me say this is giving me heart palpitations but for the personal carriers all about this peak holiday season. what that means for investors and also for online holiday shoppers when "power lunch" returns. >> let it snow, let it snow, let it snow. a subconscious. a knack for predicting the future. reflexes faster than the speed of thought. can a business have a spirit? can a business have a soul? can a business be...alive? >>> ups is trying to boost its margins by doing away with some of the shipping

>> well the main difference is that in the first business our first cash register was a mechanical ncr cash register if you could believe -- >> a cha-ching. >> a cha-ching. and this business now, i have hundreds of contractors or employees. i've spent millions of dollars developing systems and infra infrastructure and we over only just started generating revenues, $16 at a hem a couple of weeks ago. >> but that data comes back to you so much faster. you wouldn't have been able in 1973 to really get ideas as to what's selling in what store. now you can sit at your kitchen table with an ipad and figure out what's working. >> right. we went with our sales force as a platform partially because of the ability of that platform to give us that type of analytics. we're very proud to be able to say to the online apparel retail world, hey, we've got sized. >> i'm going to squeak in one question. talk to me about fashion. that is this alarm -- again, speaking in general, that the young kids in their hoodies. i don't want to sound like an old man in a suit. but we're a bunch of old men and a very

erik: they have teamed up to consider a $10 billion buyout of the ncr corporation according to two people with knowledge of the bidding process. it would be one of the biggest leveraged buyout since 2008 and a rare joint effort between the two firms. that is really the point to emphasize. the club deal. we have not really seen club deals. private equity firms teaming up with each other since before the financial crisis. there have been rare examples but this would be a real club deal. $10 billion price tag and north of $10 billion. remember, one of the reasons we have not seen club deals is the allegations that private equity firms conspire with each other to keep prices down. stephanie: now those private equity runs are -- firms are ruling the world and they can partner up and yacht together on the mediterranean celebrating $10 million. amazon hoping to enlist ordinary people to deliver packages. that is right -- old school. according to "wall street journal" they are creating an act that would pay every day couriers. erik this is not a crazy idea and it is kind of but we have always don

blackstone group and the carlyle group are making a joint bid for ncr, the stock has been halted, in deal that could be worth north of 10 billion dollars. that would include, make it this year's biggest as far as outrice purchases in the tech arena this year. stock halted, it was up 4 1/2 before it was, but on this notion that blackstone and carlisle are making this bid to take it over, on the heels of $100 billion worth of deals. i think it's only tuesday. >>> in the meantime, to aig and what happens right now. as you know, hank greenberg lost but won, won but lost the judges ruling said he was right, the government overstepped its bounds, coming in and rescuing the company, but i think charlie, the gist was yeah, they're not going to get a penny out of it and holders were better off because they were saved from bankruptcy. >> i think it's the way hank approached the case that the judge took issue with it. think of it this way, he said you were right the government exacted improperly the shareholder value when it took over aig in 2008, and wiped out the shareholder value. it bank le

. >> finally, ncr shares are down. it doesn't appear to be going well.re three bidding groups comprised of various private equity funds. it doesn't work out that well when they all try to get together. a big check they would need to write. there are a few weeks knowing how many people are going to make bids. will there be zero or one or two? they are in the midst of heavy diligence. when you are talking about a three plus equity check that needs to be written, you need a club deal. club deal is frowned on. >> is it done? >> i don't know. >> they are trying to sell the company. they will see. a private equity deal. we will see whether they get there. they have not. they just haven't been there on these big deals, bed, bath and beyond. they don't want to write the big checks and it is tough to get the leverage beyond six times. >> let's say you really believed in funding and lending club, goldman moving in that business. you don't need atms. it is kind of all virtual. i think that could they be that visionary to see that brick and mortar is going away. >>>