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$CSCO announced pricing of 5 series of senior notes of $6.25Bil. Company intends to use net proceeds from this for corporate purposes, which may include stock repurchase, debt repayment, acquisitions, investments, additions to working capital, CapEx, dividends and investments in subsidiaries. The offering is expected to close on Sept. 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?