Merger Arbitrage Mondays – September 2, 2013

Merger activity increased last week with five 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:

1. The acquisition of Globecomm Systems (GCOM) by an affiliate of Wasserstein & Co. for $340 million or $14.15 per share in cash.
2. The acquisition of TMS International (TMS) by The Pritzger Organization for $1 billion or $17.50 per share in cash.
3. The acquisition of Hi-Tech Pharmacal (HITK) by Akorn (AKRX) for $640 million or $43.50 per share in cash.

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