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Aerospace company $LMT said it has agreed to separate and combine its realigned Information Systems & Global Solutions (IS&GS) business segment with $LDOS in a tax-efficient Reverse Morris Trust transaction, unlocking $5Bil in estimated enterprise value for $LMT stockholders.
$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?