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$MCO said it acquired GGY, which combined with Moody's Analytics' insurance risk products creates an industry-leading enterprise risk offering for global life insurers & reinsurers. The terms of the transaction, which is expected to be $0.02 dilutive to the company's EPS in 2016, were not disclosed. GGY had approx. $28MM in annual revenue in 2015.
$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?