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$UTIW said that it had received the final antitrust clearance approval in South Africa for its previously announced acquisition by DSV A/S. Upon closing of the transaction, each ordinary share of $UTIW will be converted into the right to receive a cash payment of $7.10, without interest. The merger is expected to close on Jan. 22, 2016.
$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?