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Specialty finance company $ARCC said it entered into a merger agreement to acquire American Capital, excluding American Capital Mortgage Management, LLC. Under the terms of the transaction, American Capital shareholders will receive approx. $3.43Bil in total cash and stock consideration or $14.95 per fully diluted share.
$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?