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$TEL acquired Measurement Specialties during FY15. The total value paid for the deal was approx. $1.7Bil, net of cash acquired, and included $225MM for the repayment of Measurement Specialties' debt and accrued interest. Also during FY15, $TEL acquired three additional companies for $241MM in cash, net of cash acquired.
$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?