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$AIZ reached a definitive agreement with Sun Life Financial for the purchase of Assurant Employee Benefits. The transaction will provide $AIZ with $1Bil of net proceeds, including capital releases, to support profitable growth long term. The company hopes to receive approval to close the transaction by the end of 1Q16.
$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.