Want to join the conversation?
$FCX's Freeport-McMoRan Oil & Gas has entered into a purchase and sale agreement with $APC for the sale of its Deepwater Gulf of Mexico properties for total cash consideration of $2Bil and up to $150MM in contingent payments. The deal has an effective date of Aug. 1, 2016, and is expected to close in 4Q16, subject to customary closing conditions.
$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?