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Energy company $NEE and $HE said they have decided to terminate their merger plans, effective immediately, due to the Hawaii Public Utilities Commission's order to dismiss the companies' merger application. Under deal terms, $NEE will pay $HE a $90MM break-up fee and up to $5MM for reimbursement of transaction expenses.
$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?