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Coatings products maker $SHW and $VAL announced that the companies have each received a request for additional information and documentary material from the US Federal Trade Commission in connection with $SHW's pending acquisition of $VAL. $SHW expects the transaction to close by end of 1Q CY 2017.
$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?