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$CBS had $600MM notional amount of fixed-to-floating rate swaps outstanding at Sept. 30, 2015 to hedge its $600MM of 2.30% senior notes due 2019. During Oct. 2015, prior to maturity, $CBS settled these interest rate swaps and received $12MM in cash and accrued interest.
$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?