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Spring, Texas-based energy company $SWN said that it has agreed to sell approx. 55,000 net acres in West Virginia to Antero Resources Corporation for $450MM. The cash proceeds from the transaction are expected to be used to reduce the principal balance of the company's $750MM term loan due in November 2018.
$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?