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After 1Q16-end, $GIS has agreed to sell its Green Giant business in its US Retail segment and a portion of the business in its International segment for $765MM in cash, subject to an inventory adjustment at closing. $GIS expects this transaction to close in FY16, and to record a gain on sale of this business during the quarter in which it closes.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.