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$SPLS and $ODP said that they intend to contest the U.S. Federal Trade Commission's decision to challenge the merger of the two companies. $SPLS and $ODP will demonstrate that the FTC's decision is based on a flawed analysis and misunderstanding of the intense competitive landscape in which $SPLS and $ODP compete.
$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?