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$KMI's amortization expense on its intangibles was $221MM in 2015. The company's estimated amortization expense for intangible assets for each of the next five FYs (2016-2020) is approx. $221MM, $218MM, $216MM, $214MM, and $211MM respectively. As of Dec. 31, 2015, the weighted average amortization period for intangible assets was approx. 18 years.
$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?