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As of Dec. 31, 2015, $TRIP had $798MM of borrowing capacity available under its 2015 credit facility. The company also had approx. $49MM of available borrowing capacity under its Chinese credit facilities, which currently bear interest at a rate based on 100% of the People's Bank of China's base rate, or 4.35% as of Dec. 31, 2015.
$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?