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$THO said the purchase price of approx. $576MM in cash, is subject to post-closing adjustments. The purchase price was funded through existing cash balances as well as approx. $360MM in borrowings from an asset-based revolving line of credit arranged through the company's lenders. $THO plans to repay the loan through internally generated cash flow.
$YHOO is reporting today after market close. Nobody cares about this 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.