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$LOGM and $CTXS said that the companies have entered into a definitive merger agreement in a transaction valued at approx. $1.8Bil. $LOGM will combine with $CTXS' GoTo business in a Reverse Morris Trust transaction. The deal has been unanimously approved by the BoDs of both companies and is expected to be tax-free to $CTXS and its shareholders.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.