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$PRGO Perrigo today announced that it has entered into an agreement to acquire Naturwohl Pharma GmbH with its leading brand, Yokebe. The brand is expected to generate approx. EUR30MM in FY15 net sales. This transaction is expected to be immediately accretive to 2015 adjusted EPS and to exceed Perrigo's ROIC threshold in 2016.
$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?