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$SJM said Blue Holdings I will offer for sale in underwritten secondary offering 3.86MM shares. On March 23, $SJM originally issued to Blue Holdings 17.06MM shares in connection with its purchase of Big Heart Pet Brands, of which 3.86MM shares were held by Blue Holdings immediately prior to offering. $SJM will not receive proceeds.
$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?