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$COP will sell certain gas producing properties and gathering facilities in Texas and Louisiana. The transaction is expected to close late 4Q15 or early 2016. As of Sept. 30, 2015, the net carrying value of these assets was $232MM, which primarily included $358MM of properties, plants and equipment, and $126MM of asset retirement obligations.
$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?