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The Apollo security holders are expected to own approx. 95.8% of the combined company and the $LPTN security holders are expected to own approx. 4.2% of the combined company subject to adjustments. Upon closing of the transaction $LPTN will be renamed Apollo Endosurgery, Inc. and will be traded under a new trading symbol on NASDAQ.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.