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$ALLE M&A Update: Allegion, plc to acquire electronic lock company SimonsVoss Technologies from Hg Capital. The transaction is expected to close in third quarter of this year, subject to regulatory approvals. The transaction is valued at €210MM. Allegion plans to fund the acquisition through existing cash on hand and its revolving credit facility.
$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?