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$LOW said it received approval under the Investment Canada Act and clearance from the Competition Bureau with respect to its pending acquisition of RONA Inc. This announcement represents the last major milestone in the process and clears the way for final closing of the transaction. $LOW expects to close the acquisition on May 20.
$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?