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Sidoti's Mitra Ramgopal asks about $CMN's acquisition plans. CEO Andrew Krakauer said $CMN is pleased with the current pipeline and the company sees ample opportunities across all segments. On the valuation front, there is a wide range depending on the nature of business and type of seller. $CMN will be disciplined in its acquisition strategy.
$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?