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Commercial real estate firm $CBG said it extended the maturity on its revolving credit facility to March 2021 and increased its borrowing capacity under this facility by $200MM, to $2.8Bil. At 2015-end, $CBG had no outstanding borrowings on this facility, which currently has an interest rate of LIBOR 95 BPs and a facility fee of 20 BPs.
$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?