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$SMG, marketer of consumer lawn & garden products, said it has entered a definitive agreement with TruGreen Holdings & started a series of initiatives in line to concentrate on its U.S. lawn & garden industry business. Upon closing, $SMG to own a stake of approx. 30% in the combined business & would create a business of approx. $1.3Bil in revenue.
$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.