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On Dec. 6, 2015, $MDLZ agreed to make an investment in $GMCR, which is contingent upon successful completion of a planned acquisition of $GMCR by JAB Holding Co. This acquisition is expected to be completed by the end of 1Q16 or early in 2Q16. $MDLZ investment in Keurig will follow the acquisition of Keurig by JAB; expected to close by 1Q16-end.
$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?