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$SNI, formed by the spin-off of $SSP's cable TV division, said it has acquired the remaining 35% interest in Travel Channel Media from Cox Communications for $99MM in cash, which includes the value of some tax benefits. The transaction closed on Feb. 25 and gives $SNI full ownership of Travel Channel Media.
$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?