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In 4Q15, $NAVI completed $900MM plus of new financings. Company sold $178MM of Private Education Loans, which raised about $157MM. In 4Q15, $NAVI repurchased $691MM of senior unsecured debt resulting in a $21MM gain. In FY15, $NAVI repurchased $1.7Bil of senior unsecured debt.
$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?