Want to join the conversation?
$CBS $CBS.A said its radio business CBS Radio has priced offering of $400MM of 7.25% senior unsecured notes due 2024. CBS Radio also established pricing for $1.06Bil senior secured term loan B facility maturing in 2023 at interest rate of LIBOR plus 3.50%. The $1.46Bil debt financing are being made as part of its plans to separate radio business.
$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?