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$GE plans to buy Denmark-based rotor blades maker LM Wind Power. Following the closing of the deal, which will occur in 1H17, $GE plans to operate LM Wind Power as a standalone unit within GE Renewable Energy. $GE will also retain the ability to source blades from other suppliers.
$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?