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Insurance holding company $GNW said it has closed the previously announced sale of some blocks of term life insurance to Protective Life Insurance Company. The deal helps $GNW grow its financial flexibility by generating capital from low return blocks. $GNW was advised on this deal by Goldman Sachs and Willkie Farr & Gallagher.
$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.