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$GWR agreed to buy $PWX. $GWR expects to fund about $126MM acquisition through its revolving credit facility under which it had available capacity of $542MM as of June 30, 2016. As previously noted, $GWR expects to sell the land in East Providence, R.I., which was developed through a $12MM investment.
$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.