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$VAR said Imaging Components business will become a new independent publicly traded company, which will be spun off by means of a tax-free distribution to $VAR stockholders. Spin-off enables $VAR to focus on expanding its position as a global medical company with leading technology for cancer treatments.
$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?