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$ARRS, the new parent company of ARRIS Group, said it has completed its $2.1Bil acquisition of Pace plc. Bob Stanzione will lead the combined organization as Chairman and CEO. The ARRIS Board of Directors will remain unchanged. The acquisition is expected to create $0.65-0.75 Non-GAAP EPS growth in the next 12 months, the company said.
$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?