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On January 13, 2016, $FRT acquired its partner's 70% interest in its JV arrangement with affiliates of a discretionary fund created and advised by Clarion Partners for $153.7MM, including the payment of $130MM of cash and the assumption of mortgage loans of $34.4MM. $FRT gained control of the six underlying properties and have consolidated them.
$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?