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$WDC said it received regulatory approval from China's Ministry of Commerce in connection with the planned acquisition by Western Digital Technologies, a unit of $WDC, of $SNDK. The decision completes the regulatory review process required for this transaction, the company said. $WDC expects the transaction to close on May 12.
$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?