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Storage solutions provider $WDC and Unisplendour Corporation Limited (Unis) have inked an agreement under which a subsidiary Unis will invest $3.775Bil or $92.50 per share to own 15% stake in $WDC. Unis will also gain the right to put one of its people on the Board, and will lose Board seat if its ownership stake falls below 10%.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.