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Merger Arbitrage Mondays – May 28, 2012

  • May 27, 2012

Merger activity decreased last week with four new deals announced and two 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 Cooper Industries (CBE) by Eaton Corporation (ETN) for $11.46 billion in a cash plus stock deal, where shareholders of Cooper Industries will receive $39.15 in cash and 0.77479 shares of the newly created company.
  2. The acquisition of Benihana (BNHN) by Angelo, Gordon & Co.’s Private Equity Group for $296 million or $16.30 per share in cash.
  3. The acquisition of EDGAR Online (EDGR) by R.R. Donnelly & Sons Company (RRD) for $70.5 million or $1.092 per share in cash.

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