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$INT also said that excluding the impact of one-time acquisition related expenses & amortization of acquired intangible assets of approx. $4MM and $9MM respectively, the transactions are expected to be $0.22-0.26 accretive to earnings on a Non-GAAP basis in the first 12 months. The transactions are expected to be completed within the next 45 days.
$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?