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$LPNT said it plans to use net proceeds of the offering, together with cash on hand, to finance redemption of entire $400MM amount outstanding of its 6.625% Senior Notes due 2020. Substantially concurrently with pricing of this offering, $LPNT will issue conditional notice of redemption to redeem all of 6.625% Senior Notes on June 13, 2016.
$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?