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$M announced a real estate transaction related to its Brooklyn store location in Aug. 2015, where it will sell the top five floors of its nine-story retail location as well as the air rights above it and a related parking garage facility. As a result of this transaction, $M is expected to record a gain of approx. $250MM in 4Q15.
$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?