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$POM & $EXC reached a settlement with District of Columbia and others on the companies' proposed merger. Under the new proposal, $EXC will provide $72.8MM for bill credits, low-income assistance, renewable energy and energy efficiency programs in the District. The $6.8Bil merger was rejected by the state's PSC in Aug.
$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.