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At March 31, 2016, $CI had $2Bil in cash and marketable investments available at the parent company level. For the remainder of 2016, the parent company's combined cash obligations are expected to be approx. $295MM, primarily for commercial paper maturities & interest. The parent company also has $250MM of debt obligations that will mature in 1Q17.
$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.