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$DVN said it has priced an upsized public offering of 69,000,000 shares at $18.75 per share. Company expects to use proceeds from the offering for general corporate purposes, like boosting its liquidity, reducing debt and funding capital program. Offering is expected to close on Feb. 22.
$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?