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The energy company $WMB subsequently rejected an unsolicited proposal to buy it in an all-equity transaction. The unsolicited proposal was contingent on the termination of $WMB's pending acquisition of Williams Partners L.P. Public Units. $WMB's BoD has authorized a process to explore range of strategic alternatives.
$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?