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At Dec. 31, 2015, $CTL held cash and cash equivalents of $126MM and had about $1.7Bil of borrowing capacity available under its $2Bil amended and restated revolving credit facility. At Dec. 31, 2015, cash and cash equivalents of $62MM were held in foreign bank accounts for the purpose of funding its foreign operations.
$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.