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$PGND to go private in $2.35Bil deal. The offer price represents a 20% premium to the year to date volume-weighted average price and a 62% premium to the initial public offering price for the $PGND common stock. Barclays and Goldman Sachs are acting as financial advisors to $PGND. BofA Merrill Lynch is acting as financial adviser to EQT.
$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?