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$MO announced expiration of cash tender offer for any and all of its senior unsecured 9.95% Notes due 2038 and any and all of its senior unsecured 10.20% Notes due 2039. $MO will record a one-time, pre-tax charge against reported earnings in 3Q16 of about $825MM or $0.28 per share, reflecting loss on early extinguishment of debt.
$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?