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In March 2016, $DUK marketed an equity offering of 10.6MM shares of its common stock. In lieu of issuing equity at the time of the offering, the company entered into Equity Forwards with Barclays, which it expects to settle on or around the closing date of the Piedmont deal. The net proceeds are expected to be used to finance a portion of the deal.
$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?