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$TDG received the funding of the previously announced incremental term loans. $TDG incurred $650MM of incremental term loans on Oct. 14, 2016 and expects to incur additional $500MM of delayed draw incremental term loans. The proceeds will be used to repurchase its 7.50% Senior Subordinated Notes due 2021 in connection with tender offer.
$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?