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Santa Monica, California-based REIT $MAC said that it, along with mall operator $TCO, have completed the purchase of Country Club Plaza from $HIW. Consideration for the mixed-use retail and office property was $660MM cash, excluding transaction costs. $TCO and $MAC each own a 50% interest in the center.
$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?