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$DRH said that it paid off the mortgage loan secured by the Courtyard Manhattan Fifth Avenue with proceeds from its previously announced $100MM senior unsecured term loan. The Loan payoff is expected to save the company approx. $2MM in annual interest expense and lower the company's weighted average interest rate to 3.8%.
$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?