Merger Arbitrage Mondays – August 13, 2012
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:
- The acquisition of US Home Systems (USHS) by The Home Depot (HD) for $93.4 million or $12.50 per share in cash.
- The acquisition of The Savannah Bancorp (SAVB) by SCBT Financial Corporation (SCBT) for $67.1 million in an all stock deal. Under the terms of the agreement, shareholders of The Savannah Bancorp, Inc. will receive 0.2503 shares of SCBT common stock for each share of SAVB common stock.
- The acquisition of Robbins & Myers (RBN) by National Oilwell Varco (NOV) for $2.5 billion or $60.00 per share in cash.
Only plus or premium subscribers can access this post. Subscribe today.
