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Farm supply retailer $TSCO said that it has acquired Petsense, LLC, a leading specialty retailer of pet supplies. The transaction price was approx. $116MM, net of acquired estimated future tax benefits of $29MM. The acquisition was a cash transaction financed with cash-on-hand and revolver debt.
$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?