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$CBB said that its subsidiary, $CONE, plans to sell 1,350,000 shares of its common stock in public offering. $CBB intends to use the net proceeds for general corporate purposes. Offer closing is expected on or about Dec. 14, 2015, subject to customary closing conditions. $C is acting as the sole underwriter for the offering.
$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?