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Ben Mogil from Stifel asks about cash programming and production cash outflow, what it looks like in 2017 against the 2016 number. $LGF said free cash flow is going to be an impact of the trailing 12 month EBITDA, as well as working capital changes. On the cash programming number, there is probably an increase from 2016 to 2017.
$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?