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$LOW said it will sell $250MM of Floating Rate Notes due 2019, $350MM of 1.15% Notes due 2019, $1.35Bil of 2.50% Notes due 2026 and $1.35Bil of 3.70% Notes due 2046. Estimated proceeds from the offering will be about $3.26Bil, after deducting expenses and discounts. A part of the proceeds will be used to fund $LOW's acquisition of RONA, it said.
$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?