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$NWL said it closed the sale of its Levolor and Kirsch window coverings brands to Hunter Douglas. Gross proceeds from the deal were about $270MM. The net proceeds will be used for debt repayment, in line with $NWL's capital allocation priority and commitment to achieve a target leverage ratio of 3.0-3.5 times over the next 2-3 years.
$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?