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Utility holding company $CNL said the Louisiana Public Service Commission approved the sale of $CNL to a North American infrastructure investor group led by Macquarie Infrastructure and Real Assets, and British Columbia Investment Management. Under deal terms, new owners will acquire all outstanding shares of $CNL for $55.37 per share in cash.
$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?