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$SO and $KMI said the transaction, inclusive of existing Southern Natural Gas (SNG) debt, equates to SNG total enterprise value of about $4.15Bil, which implies a value of $1.47Bil for $SO's 50% share of the equity interest. $SO expects to finance initial purchase as well as any related future growth opportunities in credit-supportive manner.
$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?