Sunday, June 13, 2021

The Risk Arbitrage Report for June 14, 2021

New Deals:

• Blackstone Group Inc Com (BX) to acquire Qts Realty Trust Inc Com Usd0.01 Cl A (QTS).

• Vulcan Materials Co Com (VMC) to acquire Us Concrete Inc Com (USCR).

• Lancer Capital, LLC to acquire Iconix Brand Group Inc Com (ICON).

Closed Deals:

• Goodyear Tire & Rubber Co Com (GT) completes acquisition of Cooper Tire & Rubber Co Mgr $41.75/Sh & .9070 6/8/21 (CTB).

• Blackrock Inc Com (BLK) completes acquisition of Gaslog Ltd Csh Mrg $5.8/Sh 6/9/21 (GLOG).

• Huntington Bancshares Inc Com (HBAN) completes acquisition of Tcf Financial Corporation 3.0028:1 Exc 6/10/21 446150104 (TCF).

• Essity completes acquisition of Asaleo Care Limited Csh Mrg $1.40/Sh Aud 6/11/21 (ASLEF).

• Portman Ridge Finance Corp Com (PTMN) completes acquisition of Harvest Cap Credit Corp Com (HCAP).

Merger Arbitrage Spreads June 14, 2021

The latest stock merger arbitrage spreads: