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$MAR said $HOT stockholders will also get separate consideration of $IILG stock from the $HOT timeshare business spin-off and merger with $IILG, valued at $5.83 per $HOT share. $IILG-$HOT deal is expected to close before the closing of the $MAR-$HOT merger. The $MAR deal and the $IILG deal have a combined value of $85.36 per share of $HOT 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.
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?