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Public homebuilder $TPH said that the company had announced the proposed public offering of $300MM aggregate principal amount of senior notes. The net proceeds from this offering will be used to repay approx. $275MM of borrowings under $TPH's $625MM unsecured revolving credit facility. The remainder will be used for general corporate purposes.
$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?