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$CBS $CBS.A said its radio business CBS Radio is expected to enter into $250MM senior secured revolving credit facility maturing in 2021 simultaneously with term loan. The revolving facility is expected to be undrawn at the closing date and will be available to CBS Radio for general corporate purposes.
$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?