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$CAG purchased the packaged foods businesses of Frontera Foods and Red Fork, including the Frontera, Red Fork and Salpica brands, for undisclosed terms. The acquisition does not include any restaurant assets, including Frontera-branded restaurants. Founders Rick Bayless and Manny Valdes will continue to actively support the business.
$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?