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During 1Q16, $CTAS closed on the acquisition of Zee Medical for a consideration of approx. $134MM in cash. About $121MM were paid at the closing of the transaction and an additional $13MM may be paid in future fiscal years subject to holdback provisions. $CTAS is in the very early stages of the integration of the Zee business with its operations.
$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.