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$CSAL also said Tower Cloud (TC) shareholders may receive additional consideration contingent upon TC achieving certain defined operational and financial milestones. $CSAL intends to fund the cash portion of the transaction through cash on hand and borrowings under its revolving credit facility. The transaction is expected to close by early 4Q16.
$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?