look at the battle emerging from perry ellis.t talk about it a lot but now making an all cash offer for perry ellis. 50 cents more per share than made by the founder and ceo at $27.50 sara, back over to you. >> thank you we'll head to the bond pits. rick santelli. good morning, rick >> reporter: good morning, sara. a 24 hour chart of two-year note yields you can see they firmed up bit they're unchanged. look at a one week of tens, you can see we had a drift and we're drifting tens are down a couple of basis point, that means we have 253, 284. we're hovering in the low 30s. 31ish on tens minus twos why is that important? the low closing level is 32 plus and the lowest date level from friday, just right around 30.5 we want to continue to look at the spread as it continues to trade at levels unseen since 2007 now, as you look at year to date of the mexican ten year, of course, after the election highly predicted but it doesn't dismiss the notion that things are going to be different. hovering just a bit above 7.6% as you can see on

got it >> well, perry ellis may not go to the founder or maybe it will go to the founder.lower today because the perry ellis' committee said you know what, we actually prefer the founders bid. they say there's a number of things to look at that determine the shareholder value including termination fees, additional risks to closing, lack of appraisal rates for shareholders so a lot of things to look at. but it may or may not go to the founder even though that appraisal is higher. >> you talk about hot dogs i want to go back to pork and continue that theme. he said his business out in illinois stands to lose $100 million in revenue and run in the red for the first time i believe in 34, 37 years his company has been in business as a result of the tariffs should they all come to pass as planned. and so this just shows you that tariffs are really a job story cheese is another area that is being affected heavily a lot of american milk products, overseas we send a lot of cheese, prove loan sartori says they stand to lose $40 million in business from tariffs that have been put in

also recently announced a buyout deal getting competition randa announcing a buyout bid for perry ellisruck a deal last month to take the company private for $27.50 per share >>> also "jurassic world" the king at the box office it is the second week. the picture took in $160 million in north american ticket sales "incredibles 2" took $44.6 million. of course comcast parent company of our network >>> now more on lebron james we're sure you got money angles. >> this goes beyond money. the basics, lebron james going to the los angeles lakers. four-year deal, $154 million he's the rare star that keeps moving around. this ask all about business. because there were better teams that were available. there were higher salaries available to him, but he gets to be in los angeles. that's where his growing media empire is. includes movies, tv shows, digital media, the uninterrupted network. remember "cleveland hustles" that was a lebron james production he gets to play and work for magic johnson who may be the person in the entire world that's most similar to lebron. because he was a giant on the c