Sunday, February 21, 2021

The Risk Arbitrage Report for Feb 22, 2021

New Deals:

• Progressive Corp (Ohio) Com (PGR) to acquire Protective Insurance Corp Com Cl B (PTVCB).

• New Mountain Capital to acquire Aegion Corporation Com (AEGN).

• Galaxy Universal to acquire Apex Global Brands Inc Com (APEX).

• Energy Transfer Lp Com Units Rep Ltd Ptn Int (ET) to acquire Enable Midstream Partners Lp Com Usd0.0001 Cl'A' (ENBL).

• Alden Global Capital to acquire Tribune Publishing Company New Com (TPCO).

• Essity to acquire Asaleo Care Limited Com (ASLEF).

• Hexo Corp Com (HEXO) to acquire Zenabis Global Inc Com (ZBISF).

• First National Corp (Va) Com (FXNC) to acquire Bank Fincastle Va Com (BFTL).

• Camber Energy Inc Com (CEI) to acquire Viking Energy Group Inc Com (VKIND).

Busted Deals:

• Cerberus Capital terminates agreement with Dorel Industries Com Cl B (DIIBF).

Closed Deals:

• Management completes acquisition of Telenav Inc Csh Mrg $4.80/Sh 2/18/21 (TNAV).

• Northern Vertex Mng Corp Com (NHVCF) completes acquisition of Eclipse Gold Mining Corp 1.09:1 Exc 2/18/21 666006101 (EGLPF).

• Goldman Sachs Merchant Banking Division completes acquisition of People Corporation Csh Mrg $15.22/Sh Cad 2/19/21 (PPLXF).

• Management completes acquisition of Cellular Biomedicine Group Inc Com (CBMG).


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