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$ICE has agreed to buy Interactive Data Corporation for $5.2Bil. It will finance the $3.65Bil cash component with debt and will provide $ICE shares worth $1.55Bil. In addition to the significant strategic benefits of the acquisition, $ICE expects to realize $150MM in expense synergies.
$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?