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$CPE said the acquisition includes about 5,667 net acres mainly located in Howard County, Texas and 112 net identified horizontal drilling locations targeting the Wolfcamp A, Lower Spraberry and Wolfcamp B zones. Upon closing, company will assume operatorship of over 90% of the acquired acreage and own an estimated 82% average working interest.
$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?