U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining around 50 points on Thursday.The Dow traded down 0.03% to 42,852.84 while the NASDAQ gained 0.24% to 19,663.38. The S&P 500 also rose, gaining, 0.26% to 6,038.05.Check This Out: Jim Cramer Is All Aboard Union Pacific, But Shows No Love For Orphan DrugsLeading and Lagging SectorsInformation technology shares jumped by 0.9% on Thursday.In trading on Thursday, industrials stocks fell by 0.5%.Top HeadlineShares of Oracle Corp. OR ...

Core Viewpoint - TELUS Corporation has submitted a non-binding indication of interest to acquire TELUS Digital, aiming to enhance operational integration and drive AI and SaaS transformation across various sectors [1][2]. Group 1: Acquisition Proposal - TELUS proposes to acquire all outstanding shares of TELUS Digital at a price of US$3.40 per share, representing a 15% premium over the closing share price on June 11, 2025, and a 23% premium over the 30-day volume weighted average trading price [1][2]. - The acquisition is expected to provide TELUS Digital shareholders with liquidity at a compelling value and strengthen TELUS's growth strategy and operational efficiency [1][2]. Group 2: Operational Integration - Closer operational integration between TELUS and TELUS Digital is anticipated to enhance AI capabilities and SaaS transformation across telecommunications, health, agriculture, and consumer goods sectors [1][2]. - TELUS Digital is expected to remain a key business unit within TELUS, contributing to customer service excellence and digital transformation [2]. Group 3: Financial and Legal Considerations - The proposal is subject to confirmatory due diligence, agreement on transaction structure, and approval from the TELUS Digital board of directors [3][4]. - TELUS currently owns approximately 92.5% of the multiple voting shares and 6.1% of the subordinate voting shares of TELUS Digital, representing 57.4% of all outstanding shares [6][7]. Group 4: Advisory and Future Plans - Barclays is acting as the exclusive financial advisor to TELUS, while Stikeman Elliott LLP and A&O Shearman are serving as legal advisors [5]. - TELUS has no current plans beyond the acquisition proposal but may consider future transactions depending on market conditions [8].