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$HLX said it amended its credit agreement, which includes: Increasing the trailing four quarter maximum leverage ratio to 5.5x , decreasing the trailing four quarter minimum interest coverage ratio to 2.5x, reduction of the credit facility revolver commitment from $600MM to $400MM, and adding a cash requirement covenant of $50MM.
$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?