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$RAX said it agreed with affiliates of certain funds managed by affiliates of $APO to be acquired for $32.00 per share in cash. Funds managed by Searchlight Capital Partners will make strategic equity investment in the acquired company. The transaction has total value of $4.3Bil, which includes assumption of $43MM of net cash.
$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?