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$NWL said that after the combination of Newell Rubbermaid and Jarden, the combined company will have pro forma 2016 revenue of about $16Bil. Over the next 3 to 4 years, $NWL expects to unlock the financial capacity for growth, margin development, and cash flow yield through at least of $500MM in cost synergies and $300MM in project renewal savings.
$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?