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$SGNT said the acquisition price represents a premium of approx. 40.3% to its closing price of $15.50 per share on July 8, 2016. Following the merger, $SGNT will become a wholly owned subsidiary of Nichi-Iko, which intends to finance the acquisition through bank loans and available cash. The acquisition is not subject to any financing condition.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.