Want to join the conversation?
Broadband services company $CNSL said it has agreed to acquire Champaign Telephone Company (CTC) and its sister company, Big Broadband Services, a private business communications provider. The agreement provides for an all cash transaction valued at $13MM. The deal is expected to close in 2Q16 or 3Q16.
$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?