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$AVT said it reached agreement with the BoD of Premier Farnell on terms of recommended offer for Premier Farnell by Avnet or one of its wholly-owned subsidiaries. The all-cash offer of GBP 1.85 per share represents an equity value of about GBP 691MM and a 12.1% premium over prior offer of GBP 1.65 per share by Datwyler Technical Components UK.
$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?