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Pennsylvania-based REIT $PEI said it has completed the refinancing of the Woodland Mall mortgage loan and extended and modified the terms of the Viewmont Mall mortgage loan. The LIBOR-based loans total $187MM with a fixed weighted avg. interest rate of 3.16%. The new debt instruments will result in annual interest expense savings of about $3.7MM.
$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?