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$FTK said it plans to buy International Polymerics and affiliates, for consideration consisting of cash and $FTK common stock. The acquisition will be treated as an asset purchase for income taxation purposes. Included in the assets will be about $1.2MM in working capital.
$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?