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$WY said it agreed to sell its Cellulose Fibers pulp mills to International Paper for $2.2Bil in cash. Weyerhaeuser expects to use a substantial portion of the estimated $1.6Bil after-tax proceeds for repayment of term loans issued in conjunction with the company's previously announced $2.5Bil share repurchase program.
$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?