Merger Arbitrage Mondays – December 24, 2012
Just as we were expecting a slow weekend ahead of the holidays, merger activity spiked sharply higher with thirteen new deals announced last week and eight deals 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 Caribou Coffee Company (CBOU) by Joh. A. Benckiser Group for $340 million or $16.00 per share in cash.
- The acquisition of Clearwire Corporation (CLWR) by Sprint Nextel (S) for $2.97 per share in cash. The company will pay $2.2 billion to acquire the 50% stake it doesn’t already own.
- The acquisition of Arbitron (ARB) by Nielsen Holdings N.V. (NLSN) for $48.00 per share in cash.
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