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$SNPS said that it has entered into accelerated share repurchase agreements (ASRs) with Wells Fargo Bank NA & $HSBC, to repurchase about $200MM of its stock. Under terms of ASRs, $SNPS will receive an aggregate initial share delivery of about 3.5MM shares, with the remainder to be settled on or before April 29, 2016, upon completion of the buyback.
$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.