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$AVGO and $BRCM said as per initial results of $BRCM's shareholder election on the merger, holders of 30.7% outstanding $BRCM shares made a cash election. Last trading day for $AVGO shares and $BRCM Class A stock on NASDAQ is expected to be Jan. 29. Broadcom Ltd. is expected to begin trading on NASDAQ on Feb. 1, the expected merger closing date.
$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?