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$FCX said it agreed to negotiate exclusively with CMOC until Dec. 31, 2016, with respect to sale of Freeport Cobalt and Kisanfu interests in separate transactions. The sale of Freeport Cobalt interests would be subject to ROFO from Lundin Mining. $FCX does not expect material gain or loss and expects to use net proceeds to repay debt.
$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?