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$MRO said it has signed an agreement for the sale of certain non-operated CO2 and waterflood assets in West Texas and New Mexico for $235MM, excluding closing adjustments. The properties averaged about 4,000 barrels of oil equivalent per day in 1H16. The effective date of the transaction is Sept. 1, 2016, and closing is expected by year-end.
$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?