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Natural gas company $WMB said it has agreed to purchase in a private placement from $WPZ approx. 6.975MM common units representing limited partner interests in $WPZ for a total purchase price of approx. $250MM. When the private placement is complete, $WMB's aggregate ownership interest in $WPZ will remain at about 60%.
$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?