Want to join the conversation?
$TPUB said its BoD adopted a limited duration Shareholder Rights Plan to counter an unsolicited acquisition proposal from $GCI to acquire the company for $12.25 per share in cash. The poison pill is designed to deter any attempt to obtain control of the company in a manner or on terms that are not in the best interest of shareholders, $TPUB said.
$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?