Merger Arbitrage Mondays – October 24, 2011
Merger activity decreased last week with three new deals announced and four 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:
- The acquisition of Brigham Exploration (BEXP) by Statoil ASA (STO) for $4.4 billion or $36.50 per share in cash.
- The acquisition of Anadys Pharmaceuticals (ANDS) by Roche for $230 million or $3.70 per share in cash.
- The acquisition of Vertro (VTRO) by Inuvo (INUV) in an all stock deal, where shareholders of Vertro will receive 1.546 shares of Inuvo common stock per each share of Vertro common stock.
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