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$ACE, which is to acquire $CB for $28Bil in cash, yesterday announced that it has designated a post-merger leadership team for North American business units. It also named the leaders who will have responsibilities for all North American business major product lines. These appointments will take effect upon deal closing, which is expected in 1Q16.
$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?