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After completing the STACK acquisition, $DVN began 2016 with about $3.9Bil of liquidity, consisting of cash and borrowings capacity under its credit facility. $DVN expects to bolster this liquidity in 2016 by monetizing interest in Access Pipeline and other non-core upstream assets for targeted total proceeds of $2-3Bil.
$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.