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$HPE said the $CSC transaction is currently targeted to be completed by March 31, 2017. $CSC expects total one-time separation payments of about $900MM, with $300MM in FY16 and the remainder in FY17. The company's BoD increased its share repurchase authorization by $3Bil, standing now at $4.8Bil remaining.
$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?