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Alcoa Nederland Holding will make a payment to $AA to fund the transfer of some assets from $AA to Alcoa Nederland Holding. The payment will be done using proceeds from the proposed notes offering, and is related to $AA's plan to separate into 2 stand-alone, publicly traded companies. Remaining proceeds will be used for corporate purposes.
$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?