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Luxury lifestyle brands company $COH announced the sale-leaseback of its global headquarters at 10 Hudson Yards in New York City for about $707MM before transaction costs of $26MM, resulting in a gain of about $30MM which will be amortized over 20 years. Company has also entered into a 20-year lease for the headquarters space.
$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?