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Provider of technology solutions $SCSC said that it has announced a definitive agreement to acquire Intelisys Communications, a distributor of business telecommunications & cloud services. As per the deal, the all-cash transaction includes an initial purchase price of approx. $83.6MM, plus earn-out payments based on EBITDA over the next four years.
$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?