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At closing, $MPC will own about 9.2% indirect interest in the pipeline system in exchange for a $500MM investment. Company also expects its subsidiary to become a committed shipper on the Bakken Pipeline system. The system is expected to be ready for service by end 2016.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.