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In April 2016, $CMS reached an agreement to extend the maturity date of its $180MM term loan by one year, through April 2018. During 1Q16, the company's average borrowings totaled $10MM with a weighted-average interest rate of 1.68%. Obligations under this facility are secured by Consumers' common stock.
$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?