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IT services and solutions company $CSC has entered into exclusive negotiations to buy UXC Limited, Australia's biggest independent/publicly-owned IT services firm, for $300MM. The deal is subject to a five-week due diligence period, as well as Board and regulatory approvals. If everything goes well, $CSC expects to close the deal in Feb. 2016.
$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?