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$UL said its acquisition of Dollar Shave Club (DSC), which owns a repertoire of brands that range from personal wash products to daily wipes, will boost its personal care category in the men's segment. $UL said DSC CEO Michael Dubin will continue to serve as CEO of the company. DSC expects a turnover of $200MM in 2016, $UL said.
$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?