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Lodging company $MAR has reaffirmed its commitment to acquiring $HOT. On March 26, 2016, $HOT notified $MAR that it received an unsolicited proposal from a consortium of potential investors, led by Anbang Insurance Group. $MAR will monitor this development as it works with $HOT toward the closing of its transaction.
$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.