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$NE will take control of the regulation of Paragon's Mexican income, tax audit and assessment matters for specified years up to 2010. Paragon and $NE will share other income and tax liabilities arising out of such audit process. $NE expects the net amount it will pay over the period of the settlement for its portion of the taxes to be $8-12MM.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?