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Accounting software firm $INTU entered into a credit agreement on Feb. 1, 2016 with certain institutional lenders for a new five-year credit facility in an aggregate principal amount of $1.5Bil. The new credit agreement provides for a $500MM unsecured term loan and a $1Bil unsecured revolving credit facility that will expire on Feb. 1, 2021.
$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?