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$WMB said the Delaware Court of Chancery has granted its motion to hasten the litigation by $WMB against $ETE and its Chairman of BoD Kelcy Warren. The litigation challenges the private offering of Series A units that $ETE disclosed on March 9 and wrongful interference by Warren with the $WMB/$ETE merger deal executed on Sept. 28.
$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?