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$SPLS and $ODP said that BoD of both companies plan to waive merger agreement termination date of Feb. 4, and extend it to May 16. The extension allows for completion of ongoing federal district court litigation. The companies are working to extend financing terms and will execute merger extension agreement once finalized.
$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?