Merger Arbitrage Mondays – February 25, 2013
Merger activity increased last week with six new deals announced and two 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 OfficeMax Incorporated (OMX) by Office Depot (ODP) for $1.17 billion in an all stock deal. Under the terms of the agreement, OfficeMax stockholders will receive 2.69 Office Depot common shares for each share of OfficeMax common stock.
- The acquisition of PVF Capital Corp (PVFC) by F.N.B. Corporation (FNB) for $106.4 million in an all stock deal. Under the terms of the agreement, PVF Capital Corp. will receive 0.3405 shares of F.N.B. Corporation common stock for each common share of PVF Capital Corp.
- The acquisition of Netspend Holdings (NTSP) by Total System Services (TSS) for $1.4 billion or $16.00 per share in cash.
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