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$SLB said in connection with the closing of the Cameron transaction, the company assumed gross debt was a carrying value of $2.8Bil. During April 2016, the company repurchased approx. $1.2Bil of this debt. $SLB still expects pretax synergies to be approx. $300MM over the next 12 months and $600MM in the second year.
$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?