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$AOS said Aquasana 2016 sales are expected to be approx. $44MM, including approx. 35% comprised of consumable water treatment filters. The purchase price represents a multiple of two times expected 2016 sales. $AOS expects to achieve approx. $25-30MM of annual revenue synergies over the next two to three years.
$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?