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$HLIT said that it plans offer $125MM aggregate principal amount of convertible senior notes due 2020. $HLIT expects to use up to $70MM of the net proceeds of the offering to pay a portion of the costs associated with its previously announced acquisition of Thomson Video Networks; another $25MM of the offering proceeds will be used for buybacks.
$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?