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Billiards table maker $BC said it has acquired Cybex International, a fitness equipment maker, for $195MM. Cybex will join $BC's Life Fitness Division. $BC expects Cybex to add $0.08 to EPS in 2016, bringing adjusted EPS to $3.35-3.50. By 2018, Cybex will add an incremental $0.20 to EPS, which raises targeted adjusted EPS to $4.55-4.95.
$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?