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$EAT plans to offer $350MM aggregate principal amount of senior notes due 2024. Net proceeds from offering will be used to repurchase up to $300MM of common stock and repay up to $50MM of outstanding debt under its revolving credit facility. Any remaining proceeds are expected to be used for general corporate purposes.
$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?