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$AVNU said at closing, and assuming all outstanding Avenue options are cashed out as of the merger date, its shareholders will own approx. 8.2% of the combined firm on a fully diluted basis. The transaction is currently valued at about $205.8MM based on $PNFP's 10-day average closing price through June 20, 2016.
$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?