Merger Arbitrage Mondays – April 18, 2011
Merger activity remained steady last week with five new deals announced and five closing.
You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.
Deal Statistics:
New Deals:
- The acquisition of Global Crossing Limited (GLBC) by Level 3 Communications (LVLT) for $3 billion in an all stock deal, where Global Crossing shareholders will receive 16 shares of Level 3 common stock for each share of Global Crossing common stock or preferred stock that is owned at closing.
- The acquisition of American Medical Systems Holdings (AMMD) by Endo Pharmaceuticals (ENDP) for $2.9 billion or $30 per share in cash.
- The acquisition of Tasty Baking Company (TSTY) by Flower Foods (FLO) for $165 million or $4 per share in cash.
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