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Global asset management firm $LM said it closed public portion of its financing to fund acquisition of Clarion Partners and EnTrust Capital. The net proceeds will be used to finance the purchase prices for the acquisitions and to replenish cash on the balance sheet used to close the RARE transaction in Oct. 2015.
$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?