Want to join the conversation?
Digital entertainment technology company $ROVI said it agreed to acquire smaller rival $TIVO for $10.70 per share in cash and stock for total consideration of about $1.1Bil. On a pro forma basis, for the twelve months ended December 31, 2016, the combined company is estimated to have more than $800MM in revenue after purchase, the company 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?