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$HOT has further informed $MAR that it plans to terminate the merger agreement unless $MAR and $HOT agree on revisions to their merger agreement that $HOT's BoD determines to be superior to the Anbang proposal. $MAR has the right to propose revised terms and $HOT must negotiate in good faith for 5 business days ending March 28.
$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?