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As of Sept. 30, 2015, $EXC projects incurring total PHI acquisition and integration related costs over the next five years of about $635MM, excluding the amounts $EXC and PHI are committed, if approved, to provide to the PHI utility's respective customers. Through Sept. 30, 2015, $EXC incurred $226MM of expense associated with the proposed merger.
$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?