Merger Arbitrage Mondays – April 14, 2014
Merger Activity remained consistent last week with three new mergers announced, and two deals 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 Vocus (VOCS) by the private equity firm GTCR LLC for $446.5 million or $18.00 per share in cash.
- The acquisition of Questcor Pharmaceuticals (QCOR) by Mallinckrodt plc (MNK) for $5.6 billion in a cash plus stock deal. Under the terms of the agreement, shareholders of Questcor Pharmaceuticals will receive $30.00 in cash and 0.897 Mallinckrodt shares for each share of Questcor common stock they own.
- The acquisition of OBA Financial Services (OBAF) by F.N.B. Corporation (FNB) for $94 million in an all stock deal. Under the terms of the agreement, shareholders of OBA Financial Services will receive 1.781 shares of F.N.B. Corporation common stock for each common share of OBA Financial Services.
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