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$MOH said that it has agreed to acquire Better Health Network in Cook County, Illinois and assume certain assets related to the operation of Better Health's Medicaid business. $MOH will fund the deal with available cash. Subject to regulatory approvals & satisfaction of other conditions, the closing of the transaction is expected to occur in 2Q16.
$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?