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$TDY and Firan Technology Group jointly announced an agreement to sell assets of $TDY's printed circuit technology business to FTG Circuits, a unit of Firan, for $9.3MM in cash. The completion of the transaction is anticipated to occur in 2Q16. For each of last 3 years, Teledyne PCT has generated $15-20MM of annual revenue.
$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?