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Nick Joseph of Citigroup asks about the Bob Evans transaction. COO Julian Whitehurst said $NNN acquired 117 Bob Evans restaurants for $161MM, the details of which will be released next quarter. The avg. price per property was around $1.35MM and rent is about $75,000 per property on avg.
$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?