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Life insurance company $MET said that Massachusetts Mutual Life Insurance Company (MassMutual) has agreed to acquire $MET's MetLife Premier Client Group (MPCG). The purchase price is not material to MassMutual's capital and surplus and the deal is expected to close by mid-2016, subject to certain closing conditions, including regulatory approval.
$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?