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$DIS said it is acquiring a 33% stake in BAMTech, the industry leader in video streaming, data analytics and commerce management. The company has the option to acquire majority ownership in the future, and through this investment plans to launch a new direct-to-consumer ESPN-branded multi-sports subscription streaming service.
$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?