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Specialty coatings company $RPM said its Tremco Group has acquired the assets of Duram Industries Pty Limited, an Australian-based manufacturer of commercial waterproofing products with annual net sales of approx. $6MM. The terms of the transaction were not disclosed. The deal is expected to be accretive to earnings within one year.
$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?