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$WM plans to use net proceeds of the offering, together with cash on hand, to repay $500MM of its outstanding 2.6% Senior Notes when they mature in Sept. 2016, plus accrued and unpaid interest of $6.5MM. Company also expects to temporarily pay down short-term borrowings under its US revolving credit facility.
$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?