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$SYY said that at closing, combined companies are expected to generate annualized sales of about $55Bil. The purchase price, refinancing of Brakes Group's debt, and other fees and expenses in connection with deal are expected to be financed with new debt, commercial paper and cash on $SYY's balance sheet.
$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?