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$UTEK stockholder, Neuberger Berman, has launched a proxy fight to try to replace 2 $UTEK Board members. $UTEK thoroughly vetted the credentials of Ronald Black and Beatriz Infante who were chosen by Neuberger, and has determined that they did not add value to $UTEK Board. $UTEK also said Neuberger omitted negative histories of its 2 nominees.
$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?