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$FTK said it closed private placement of common shares for gross proceeds of about $30MM. $FTK sold 2.45MM shares to accredited investors in private placement priced at $12.52 per share. $FTK will use proceeds to fund acquisition of International Polymerics to repay debt under secured credit facility and for general corporate purposes.
$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?