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$OCLR said, effective Aug. 22, it has completed exchanges for all $65MM of its 6% notes due 2020. Between Aug. 8 and Aug. 18, $OCLR entered into agreements pursuant to which it issued 34,659,972 shares, par value $0.01 per share, and paid $4.7MM in exchange of its 6% notes. As a result, $OCLR no longer has any convertible debt outstanding.
$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?