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Following closing of deal, the BoD of combined company is expected to have 11 directors, consisting of 6 directors from $JCI and 5 directors from $TYC. Alex Molinaroli will be the chairman and CEO of the combined company. George Oliver will serve as president and COO and serve as director on new board.
$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?