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$KR announced an agreement for Axium Pharmacy Holdings to acquire the outstanding shares of Modern HC Holdings to create a combined specialty pharmacy that will operate as a wholly-owned subsidiary of $KR for undisclosed terms. $KR said this strategic investment will accelerate the growth of its health and wellness business.
$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?