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During 3Q15, $SLG entered into a ground lease for land & building located at 30 East 40th Street with a lease term ending in Aug. 2114. Based on $SLG's evaluation of the arrangement, land was gauged to be approx. 63.6% of the fair market value of the property. The land portion was classified as operating lease and rest as a capital lease of $20MM.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.