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Board of Directors of $PSEM has unanimously accepted a revised offer from $DIOD to acquire $PSEM for $17.75 per share in cash without interest or an aggregate purchase price of about $413MM. The transaction is expected to close in 4Q15, subject to approval by $PSEM shareholders.
$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?