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$BLL continues to work on its proposed offer for $REX, including reaching an agreement with the Brazilian JV partners for an exchange of the company's shares for the partners' remaining interest in the JV. $BLL's goal is to secure necessary approvals from regulators in Europe, Brazil and US to enable the acquisition to close in 1H16.
$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?