Want to join the conversation?
$NWL to buy Elmer's Products for $600MM. Elmer's Products expects sales of $240MM in FY15. $NWL expects the deal to be accretive to earnings in FY16. $NWL has begun to divest its Levolor & Kirsch window coverings brands (Decor). It also expects no material impact to FY15 results because of either the Elmer's buyout or Decor divestiture.
$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?