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$SIG is reaffirming its multi-year synergy guidance. The company intends to deliver $158-175MM cumulatively. This includes the $60MM realized last year along with an additional $98-150MM in FY17. By the end of FY18, $SIG expects to deliver $225-250MM of cumulative 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?