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$GT said it will redeem all of its outstanding $900MM of 6.5% senior notes due 2021 on June 13. The redemption price will be 104.875% of notes being redeemed, plus accrued and unpaid interest to June 13. The transactions will result in annual interest expense savings of about $14MM.
$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?