Merger Arbitrage Mondays – April 15, 2013
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 Lufkin Industries (LUFK) by General Electric (GE) for $3.3 billion or $88.50 per share in cash.
- The acquisition of Fisher Communications (FSCI) by Sinclair Broadcast Group (SBGI) for $373.3 million or $41.00 per share in cash.
- The acquisition of MOD-PAC Corp. (MPAC) by Kevin T. Keane, Chairman of the Company, and Daniel G. Keane, President and Chief Executive Officer of the Company for $8.40 per share in cash.
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