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$NEP expects the acquisition to increase its incremental debt capacity at holding company to $375-475MM and expects 12-15% per year growth in limited partner distributions through 2020 at an annual rate of $1.23. $NEP expects cash available for distribution to be $230-290MM as of end 2016, net of incentive distribution rights fees.
$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?