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$BABY has agreed to acquire GN Otometrics business from GN Store Nord in an all cash transaction for $145MM. The transaction is expected to close by the end of 2016. Otometrics is a manufacturer of hearing diagnostics and balance assessment equipment, disposables & software, with an annual revenue of approx. $110MM.
$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.