New Deals:
• First Reserve to acquire Goldfield Corp Com (GV).
Closed Deals:
• Management completes acquisition of Fuling Global Inc Csh Mrg $2.35/Sh 11/24/20 (FORK).
Risk arbitrage spreads on stock mergers, acquisitions, and other restructuring activities
New Deals:
• First Reserve to acquire Goldfield Corp Com (GV).
Closed Deals:
• Management completes acquisition of Fuling Global Inc Csh Mrg $2.35/Sh 11/24/20 (FORK).
New Deals:
• Home Depot Inc Com (HD) to acquire Hd Supply Holdings Inc Com (HDS).
• West Fraser Timber Co Com (WFTBF) to acquire Norbord Inc Com (OSB).
• Endeavour Mining Corporation Com (EDVMF) to acquire Teranga Gold Corporation Com (TGCDF).
• American Securities LLC to acquire Foundation Building Materials Com (FBM).
• Simon Property Group Inc Com (SPG) to acquire (again with new terms) Taubman Centers Inc Com (TCO).
• Pdf Solutions Inc Com (PDFS) to acquire Cimetrix Inc Com (Physical Only) (CMXX).
• Intact Financial Corporation (TSX: IFC) & Tryg A/S (CPH: TRYG) to acquire Rsa Insurance Group Plc Adr Sponsored (RSNAY).
• Management to acquire China Biologic Products Hldgs Com (CBPO).
Busted Deals:
• Pedevco Corp Com (PED) terminates agreement with Sandridge Permian Trust Com (PERS).
Closed Deals:
• Covis Group completes acquisition of Amag Pharmaceutics Inc Csh Mrg $ 13.75/Sh 11/17/20 (AMAG).
• Bristol-Myers Squibb Co Com (BMY) completes acquisition of Myokardia Inc Csh Mrg $225/Sh 11/18/20 (MYOK).
• Medtronic Plc Com (MDT) completes acquisition of Medicrea International Csh Mrg $7.00/Sh Eur 11/19/20 (MRNTF).
• High Tide Inc Com (HITIF) completes acquisition of Meta Growth Corp 0.824:1 Exc 11/19/20 42981E104 (NACNF).
• Enterprise Fin Services Corp Com (EFSC) completes acquisition of Seacoast Commerce Banc Hldgs .5061:1 Exc 11/13/20 293712105 (SCBH).
• Management completes acquisition of Yintech Invest Hldgs Ltd Cash Merger @ $7.30/Sh Gross (YIN).
New Deals:
• Volkswagen Ag Adr Unsponsored (VWAGY) to acquire Navistar International Corp Com (NAV).
• Sumitovant Biopharma to acquire Urovant Sciences Ltd Com (UROV).
• Bonanza Creek Energy Inc Com (BCEI) to acquire Highpoint Resources Corp Com (HPR) [bankruptcy].
• Premium Brands (PRBZF) & FNC Holdings to acquire Clearwater Seafoods Inc Com (CSEAF).
• Apollo Global Management Inc Com Cl A (APO) to acquire Great Canadian Gaming Corp Com (GCGMF).
• Cerberus Capital to acquire Dorel Industries Com Cl B (DIIBF).
• McKean Defense Group, Inc. to acquire Mikros Systems Corp Com (MKRS).
Busted Deals:
• The Peck Company Holdings Inc Com (PECK) terminates agreement with Sunworks Inc Com (SUNW).
Closed Deals:
• Southwestern Energy Co Com (SWN) completes acquisition of Montage Res Corp 1.8656:1 Exc 11/13/20 (MR).
• TT Electronics plc completes acquisition of Torotel Inc Csh Mrg @$6.17/Sh 11/10/20 (TTLO).
• Stryker Corp Com (SYK) completes acquisition of Wright Medical Group Nv Csh Mrg $ 30.75/Sh 11/12/20 (WMGI).
• Enterprise Fin Services Corp Com (EFSC) completes acquisition of Seacoast Commerce Banc Hldgs Com (SCBH).
New Deals:
• Clearlake Capital Group L.P. to acquire Endurance Intl Group Hldgs Inc Com (EIGI).
• Novo Nordisk A/S Adr Sponsored (NVO) to acquire Emisphere Technologies Inc Com (EMIS).
• Macquarie Capital & GCM Grosvenor to acquire Alaska Communications Sys Grp Com (ALSK).
• Management to acquire Rocky Mountain Dealerships Inc Com (RCKXF).
• Perkinelmer Inc Com (PKI) to acquire Horizon Discovery Group Plc Com (HZNQF).
• Yamana Gold Inc Com (AUY) to acquire Monarch Gold Corp Com (MRQRF).
• Management to acquire Telenav Inc Com (TNAV).
• Peoples Bank Of Commerce Com (PBCO) to acquire Willamette Community Bank Com (WMCB).
Closed Deals:
• NexPoint Advisors, L.P. completes acquisition of Jernigan Capital Inc Csh Mrg $ 17.30/Sh 11/6/20 (JCAP).
• Yiche Holding Limited completes acquisition of Bitauto Hldgs Ltd Csh Mrg $ 16.00/Sh 11/5/20 (BITA).
• Starlight Group Property Holdings Inc. completes acquisition of Northview Apt Real Estate Inve Csh Mrg $36.25/Sh Cad 11/4/20 (NPRUF).
New Deals:
• Advanced Micro Devices Inc Com (AMD) to acquire Xilinx Inc Com (XLNX).
• Inspire Brands, Inc. to acquire Dunkin Brands Group Inc Com (DNKN).
• Marvell Tech Group Com (MRVL) to acquire Inphi Corporation Com (IPHI).
• Brookfield Bus Partners L P Com (BBU) to acquire Genworth Mi Canada Inc Com (GMICF).
• Contango Oil & Gas Co Com (MCF) to acquire Mid-Con Energy Partners Lp Com Units (MCEP).
• United Federal Credit Union to acquire Edgewater Bancorp Inc Com (EGDW).
• Oaktree Specialty Lending Corp Com (OCSL) to acquire Oaktree Strategic Income Corp Com (OCSI).
Closed Deals:
• Waste Management Inc Com (WM) completes acquisition of Advanced Disposal Services Inc Csh Mrg $30.30/Sh 10/30/20 (ADSW).
• Portman Ridge Finance Corp Com (PTMN) completes acquisition of Garrison Cap Inc Mrg $1.50/Sh & 1.91693999:1 (GARS).
• Teladoc Health Inc Com (TDOC) completes acquisition of Livongo Health Inc Mrg $4.24/Sh & .592:1 11/2/20 (LVGO).
• Teachers Credit Union completes liquidation of New Bancorp Inc Liquidation 10/30/20 (NWBB).
• Flushing Financial Corp Com (FFIC) completes acquisition of Empire Bancorp Inc Com (EMPK).
• Pinnacle Bankshares Corp Com (PPBN) completes acquisition of Virginia Bank Bankshares Inc Com (VABB).
• Bv Financial Inc Com (BVFL) completes acquisition of Delmarva Bancshares Inc Com (DLMV).