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U.S. homebuilder $PHM said that it's planning to use its available cash to fund its purchase agreement made with Wheelock Street Capital & the Wieland for a value of approx. $430-450MM, subject to any final post-closing adjustments. The Company expects this transaction will be immediately accretive to earnings and cash flows.
$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?