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Energy company $SM said it has amended the senior secured credit facility that matures in 2019. The borrowing base and aggregate commitment amount is determined to be $1.25Bil. The financial covenant of a maximum 4 times total debt-to-trailing 12 months EBITDAX ratio is removed.
$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?