Bid is up 40% from late May when talks between the companies were first reported.
The private equity firm is also buying Snapfish, and plans to merge the companies to create a bigger player in online-photo services.
The deal will boost the company’s cloud-computing capabilities.
Snack sales from the company’s purchase of Snyder’s-Lance is credited for the boom.
The combined company’s sales would place it among the top 10 chipmakers globally.
Deceleration in consumer spending is expected to curb the increase and keep interest rates unchanged.
The retailer fell short on earnings and revenue last quarter and same-store sales dropped more than 3%.
The two companies share a vision for a credit ratings industry based on “independence, transparency, and responsiveness.”
The combined company is poised to become a leader in the race for developing electric and autonomous vehicles.
The tax would generate up to $2.4 trillion in over 10 years.
The merger of the top motor sports companies is expected to close in 2019.
The company’s CEO remains optimistic about the retailer’s future.
