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$EOG will assume and repay at closing $245MM of Yates debt offset by $131MM of anticipated cash from Yates, subject to certain closing adjustments. Closing is expected in early Oct. 2016, subject to customary closing conditions. $EOG will maintain Yates' office in Artesia, New Mexico to support the newly combined operation after the deal closes.
$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?