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$FPI CEO and Chairman, Paul Pittman, will be CEO and Chairman, and $FPI CFO Luca Fabbri will be CFO of combined company. $AFCO Chief Investment Officer, Robert Cowan, will join $FPI as President. $FPI directors will increase from 6 to 8 after deal closes, of which 2 will be from $AFCO, namely Chairman Dixon Boardman and CEO Thomas Gimbel.
$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?