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$ROVI said its acquisition of $TIVO is expected to add to its Non-GAAP EPS within the first 12 months post-close. The combined company is expected to realize at least $100MM in annual cost synergies, with 65% of these synergies recognized in the first 12 months. Both the boards have approved the transaction.
$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?