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$VAR said it plans to spin off its Imaging Components business as a new, stand-alone public company via a tax-free distribution to its stockholders in a transaction anticipated to be completed by the end of CY16. It is expected that the new company's management team will include Sunny Sanyal as the new CEO and Clarence Verhoef as CFO.
$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?