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$AVY said it agreed to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of EUR200MM or $221.59MM, including assumed debt. The acquisition is expected to have an immaterial impact to EPS in 2016 and be approx. $0.10 accretive to EPS in 2017.
$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?