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$AIZ said the sale of Assurant Employee Benefits to Sun Life Financial will provide the company with about $1Bil of net proceeds, including capital releases, and is expected to close by the end of 1Q16. The exit of the health insurance operations remains on track.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.