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In 3Q16, $TEL signed an agreement with the IRS to resolve all disputes related to intercompany debt issues. Company acquired Germany-based metric circular connectors maker, Intercontec Group, which will become a part of $TEL's Industrial Solutions segment on closing. The acquisition is expected to close in Sept. 2016.
$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.