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Energy company $WPX said it has amended and restated its revolving credit facility. $WPX received total commitments of $1.2Bil on senior secured facility, with initial borrowing base of $1.025Bil. The revolver matures on Oct. 29, 2019. The size of revolver is based on sale of its Piceance subsidiary, which is expected to close in early 2Q16.
$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?