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For 3Q15, $AMG's EBITDA was $218.9MM and the ratio of EBITDA at the end of period assets under management was about 14.7BPs or about 14.3BPs excluding performance fees. For 4Q15, $AMG expects this ratio to be about 17.1BPs reflecting a higher performance fee contribution, that can be experienced in the fourth quarter.
$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?