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Investment management firm $LM said it acquired a minority equity position in Precidian Investments. Under the transaction terms, $LM purchased a new class of preferred equity, entitling it to the rights of a holder of 19.9% of common equity, with the option to acquire a majority interest in the common equity. Other terms were not disclosed.
$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?