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Merger Arbitrage Mondays – June 10, 2013

  • June 10, 2013

Merger activity increased last week with five 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 Colonial Properties Trust (CLP) by Mid-America Apartment Communities (MAA) for $8.6 billion in an all stock deal. Under the terms of the agreement, each Colonial Properties Trust common share will be converted into 0.36 newly issued MAA common share.
  2. The acquisition of ExactTarget (ET) by salesforce.com (CRM) for $2.5 billion or $33.75 per share in cash.
  3. The acquisition of American Safety Insurance Holdings (ASI) by Fairfax Financial Holdings Limited for $306 million or $29.25 per share in cash.

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