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$LMT 2Q15 Q&A: Strauss from UBS asked about metrics around Sikorsky. Bruce explained that as we look to finance this deal, we expect to use some cash off the balance sheet but also vast majority of it is in the form of debt. Currently, we are thinking that looks somewhere around $1Bil off of balance sheet in terms of cash use & $8Bil worth of debt.
$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?