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Biopharmaceutical company $MNK said that it completed the sale of its Contrast Media & Delivery Systems business to Guerbet. Transaction is valued at about $270MM. $MNK's CMDS manufactures & markets diagnostic imaging products in four facilities with 1,000 employees & entire workforce was transferred to Guerbet following the transaction.
$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?