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Merger Arbitrage Mondays – March 17, 2014

  • March 17, 2014

Merger Activity increased last week with two new mergers announced, and one deal 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 Jos. A Bank Clothiers (JOSB) by The Men’s Wearhouse (MW) for $1.8 billion or $65.00 per share in cash.
  2. The acquisition of EPL Oil & Gas (EPL) by Energy XXI (EXXI) for $2.3 billion. Under the terms of the agreement, EPL stockholders will be able to elect, for each share held, either (i) $39.00 in cash, (ii) 1.669 common shares of Energy XXI, or (iii) $25.35 in cash plus 0.584 common shares of Energy XXI. All elections by shareholders will be subject to proration.

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