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$FTR got a favorable "proposed decision" (PD) from a judge with California Public Utilities Commission over its planned acquisition of $VZ's wireline, broadband & video operations. $FTR already received approvals from FCC & the Justice Department. $FTR will be filing comments on PD by Nov. 20, & expects to close the transaction by end of 1Q16.
$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?