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$TMO said it has priced $1.2Bil of its 2.950% senior notes due 2026 at 98.787% of principal amount. The offering is expected to close on or about Sept. 19. Company intends to use a part of the net proceeds to redeem all of the outstanding $900MM of its 1.30% senior notes due 2017. $TMO plans to use remaining proceeds for 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?