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Food company $UNFI said it has acquired all outstanding stock of organic food seller, Gourmet Guru, for an undisclosed amount, in an all cash transaction. Transaction is expected to be neutral to $UNFI's FY17 earnings and to modestly add to earnings in FY18. Jeff Lichtenstein, CEO of Gourmet Guru, will remain at the company in a leadership role.
$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?