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$HOT said its BoD has determined that it considers an Anbang consortium proposal to buy $HOT to be a "Superior Proposal" to $MAR's existing merger agreement with $HOT. Also, $HOT has informed $MAR that it plans to terminate merger agreement with $MAR unless $MAR and $HOT agree on revisions to their merger agreement.
$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?