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$WGO expects to fund the transaction through a combination of $395MM in cash and $105MM in newly issued $WGO shares. Financing for the transaction would be provided by J.P. Morgan. Upon closing, $WGO expects to have a debt-to-EBITDA ratio of approx. 2.5x, inclusive of anticipated annual run rate synergies.
$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?