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$VRSN had $1.25Bil principal amount outstanding of its Subordinated Convertible Debentures as of Dec. 31, 2015. The price of the common stock exceeded the conversion price threshold trigger during 4Q15. Consequently, the Subordinated Convertible Debentures are convertible at the option of each holder through March 31, 2016.
$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?