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Jon Block of Stifel asks about the timing and close and the level of accretion from the MIS deal in the first 12 months. CFO Ulrich Michel said that $XRAY fully expects MIS to grow in the high single digits. He added that the acquisition will close this year and in the first 12 months, it will be accretive to adjusted EPS.
$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?