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$AMD announced public offering of approx. $600MM of its common stock and $450MM aggregate principal amount of its convertible senior notes due 2026. The company intends to use the net proceeds from the offerings to repay its borrowings under its credit facility and/or to purchase its outstanding senior notes.
$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?