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$DRH said it expects to record a gain on the sale, which will be excluded from its reported adjusted EBITDA and adjusted FFO. The company's 2016 guidance assumed the Hotel generated adjusted EBITDA and adjusted FFO of about $3.1MM and $2.7MM, respectively, following the sale, which closed on June 8, 2016.
$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?