Sunday, February 27, 2022

The Risk Arbitrage Report for Feb 28, 2022

New Deals:

• Standard General to acquire Tegna Inc Com (TGNA).

• Cummins Inc Com (CMI) to acquire Meritor Inc Com (MTOR).

• Veritas Capital to acquire Houghton Mifflin Llc Com (HMHC).

• Apollo Global Management Inc Com (APO) to acquire Tenneco Inc Com Cl A (TEN).

Busted Deals:

• Zendesk Inc Com (ZEN) terminates agreement with Momentive Global Inc Com (MNTV).

Closed Deals:

• Chatham Asset Management, LLC completes acquisition of Donnelley Rr & Sons Co Csh Mrg $10.85/Sh 2/25/22 (RRD).

• Stryker Corp Com (SYK) completes acquisition of Vocera Communications Inc Csh Mrg @$79.25/Sh 2/25/22 (VCRA).

• Select Energy Services Inc Com Cl A (WTTR) completes acquisition of Nuverra Environmental Solution .2551:1 Exc 2/24/22 81617J301 (NES).

• Kinross Gold Corp Com (KGC) completes acquisition of Great Bear Resources Ltd Mrg 2/25/22 $29.00/Sh & 1:1 (GTBAF).

• S&P Global Inc Com (SPGI) completes acquisition of Ihs Markit Ltd .2838:1 Exc 2/28/22 78409V104 (INFO).

• Industrial Logistics Pptys Tr Com Shs Of Ben Int Usd0.01 (ILPT) completes acquisition of Monmouth Real Estate Invt Corp Csh Mrg $21.00/Sh 2/28/22 (MNR).

Merger Arbitrage Spreads Feb 28, 2022

The latest stock merger arbitrage spreads:

Sunday, February 20, 2022

The Risk Arbitrage Report for Feb 21, 2022

New Deals:

• Intel Corp Com (INTC) to acquire Tower Semiconductor Ltd Com (TSEM).

• Madison Dearborn Partners to acquire Moneygram International Inc Com (MGI).

• Collegium Pharmaceutical Inc Com (COLL) to acquire Biodelivery Sci Com (BDSI).

• Murata Manufacturing Co. to acquire Resonant Inc Com (RESN).

• Blackstone Real Estate Income Trust to acquire Pfd Apartment Communities Inc Com Usd0.01 (APTS).

Busted Deals:

• Lockheed Martin Corp Com (LMT) terminates agreement with Aerojet Rocketdyne Hldgs Inc Com (AJRD).

Closed Deals:

• Advanced Micro Devices Inc Com (AMD) completes acquisition of Xilinx Inc 1.7234:1 Exc 2/15/22 007903107 (XLNX).

• Old National Bancorp (Indiana) Com (ONB) completes acquisition of First Midwest Bancorp Inc 1.1336:1 Exc 2/16/22 680033107 (FMBI).

• Geneve Holdings, Inc. completes acquisition of Independence Hldgs Csh Mrg $57.00/Sh 2/16/22 (IHC).

• Amentum Government Services Holdings LLC completes acquisition of Pae Inc Csh Mrg $10.05/Sh 2/16/22 (PAE).

Merger Arbitrage Spreads Feb 21, 2022

The latest stock merger arbitrage spreads:

Sunday, February 13, 2022

The Risk Arbitrage Report for Feb 14, 2022

New Deals:

• Frontier Group Hldgs Inc Com (ULCC) to acquire Spirit Airlines Inc Com (SAVE).

• Republic Services Inc Com (RSG) to acquire Us Ecology Inc Com (ECOL).

Closed Deals:

• Agnico Eagle Mines Ltd Com (AEM) completes acquisition of Kirkland Lake Gold .7935:1 Exc 2/9/22 008474108 (KL).

Merger Arbitrage Spreads Feb 14, 2022

The latest stock merger arbitrage spreads:

Sunday, February 6, 2022

The Risk Arbitrage Report for Feb 7, 2022

New Deals:

• Vista Equity Partners & Elliott Investment Management to acquire Citrix Systems Inc Com (CTXS).

• BAWAG Group to acquire Peak Bancorp Inc Com (IDFB).

Closed Deals:

• Santander Holdings USA, Inc. completes acquisition of Santander Consumer Usa Hldgs I Csh Mrg @$41.5/Sh 1/31/22 (SC).

• Webster Financial Corp Com (WBS) completes acquisition of Sterling Bancorp D .463:1 Exc 2/1/22 947890109 (STL).

• GuideWell Mutual Holding Corp completes acquisition of Triple S Managment Corp Csh Mrg $36.00/Sh 2/1/22 (GTS).

• First Interstate B Com Cl A (FIBK) completes acquisition of Great Western Bancorp Inc .8425:1 Exc 2/1/22 32055Y201 (GWB).

• Finward Bancorp Com (FNWD) completes acquisition of Royal Financial Inc Mrg $20.14/Sh & .4609:1 2/1/22 (RYFL).

• Crestwood Equity Partners Lp Unit Ltd Partnership Int (CEQP) completes acquisition of Oasis Midstream Partners Lp .87:1 Exc 2/2/22 226344208 (OMP).

• Baycom Corp Com (BCML) completes acquisition of Pacific Entrprse Bancrp Irvn C 1.0292:1 Exc 2/1/22 Rsrch (PEBN).

Merger Arbitrage Spreads Feb 7, 2022

The latest stock merger arbitrage spreads: