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The 92-year old industrial products manufacturer $AIT said it has acquired HUB Industrial Supply, a distributor of consumable industrial products. Financial details of the deal were not disclosed. This acquisition will enhance the company's product offering and expand its Applied Presence of Maintenance Supplies & Solutions (Applied MSS) business.
$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.