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$MKSI said it has agreed to buy $NEWP for $23 per share. The all-cash transaction is valued at about $980MM. The transaction is expected to add to $MKSI's non-GAAP earnings and free cash flow during the first 12 months post-closing. The combined company is expected to have about $1.4Bil in pro forma annual revenue.
$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?