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$LDOS said its shareholders overwhelmingly approved the issuance of shares of Leidos common stock necessary to complete the combination of $LMT's Information Systems & Global Solutions (IS&GS) business with Leidos in a Reverse Morris Trust transaction. The merger is expected to be completed on or about Aug. 16, 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?