Merger Arbitrage Mondays – September 12, 2011

Merger activity increased last week with three new deals announced and three closing.

You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.

Deal Statistics:

New Deals:

1. The acquisition of Temple Inland (TIN) by International Paper (IP) for $4.3 billion or $32.00 per share in cash. This offer replaces an earlier $30.60 per share offer by International Paper that was rejected by Temple Inland as being too low.
2. The acquisition of Penn Millers Insurance Corporation (PMIC) by Ace Limited (ACE) for $20.50 per share in cash.
3. The acquisition of Caliper Life Sciences (CALP) by PerkinElmer (PKI) for $600 million or $10.50 per share in cash.

Only plus or premium subscribers can access this post. Subscribe today.