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$WY said that its outstanding 6.375% Mandatory Convertible Preference Shares, Series A will convert into Weyerhaeuser common shares effective July 1, 2016 at a rate of 1.6929 Weyerhaeuser common shares per Preference Share. The company added that no action is required by holders of Preference Shares.
$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?