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Sanjay Sakhrani of KBW probes on the question of progress in Europe & some M&A opportunities there. $MA CEO Ajay Banga said one has to wait for Visa to get through with acquisition process. The company is working its way through it. On M&A, some deals have come across, sometimes ending up seeing as much as 15-20 deals, but ending up doing 1 or 2.
$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?