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$MNST said it has began a modified "Dutch auction" tender offer to buy shares of its common stock for cash at a price per share of not less than $142 and not greater than $160, for a maximum aggregate purchase price of no more than $2Bil. The tender offer, which will be funded with cash on hand, begins on May 10 and will expire on June 8.
$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?