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$YUM said some subsidiaries that operate its KFC, Pizza Hut and Taco Bell businesses closed the $2.5Bil Senior Secured Credit Facilities and $2.1Bil senior unsecured notes offering. Net proceeds will be used to fund return of capital, repay debt under existing revolving credit facility, pay transaction fees, and for general corporate purposes.
$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?