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$XRX said the company is on track of filing of the Form 10 registration statement with the SEC in July, in line with its goal of completing the separation by year end. The cost associated with the separation in the first year of the transformation program is expected to be a one-time separation cost of $200-250MM and restructuring cost of $300MM.
$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?