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The joint venture that will include Lakewood, Los Cerritos, South Plains and Washington Square, which is a total value of $3.1Bil, is expected to close as early as Oct. 30, 2015. Arrowhead, Flatiron, Deptford and Twenty Ninth Street are all expected to close in early Jan. 2016. Cash to $MAC on the first closing is $1.44Bil.
$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?