Sunday, November 22, 2020

The Risk Arbitrage Report for Nov 23, 2020

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).


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