Merger Arbitrage Mondays – July 22, 2013
Merger activity increased last week with three new deals announced and one 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 Taylor Capital Group (TAYC) by MB Financial (MBFI) for $680 million in a cash plus stock deal. Under the terms of the agreement, shareholders of Taylor Capital will receive 0.64318 shares of MB Financial common stock and $4.08 per share in cash.
- The acquisition of SHFL entertainment (SHFL) by Bally Technologies (BYI) for $1.3 billion or $23.25 per share in cash.
- The acquisition of Frozen Food Express Industries (FFEX) by Duff Brothers Capital Corporation for $38.2 million or $2.10 per share in cash.
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