Merger Arbitrage Mondays – June 23, 2014
Merger Activity decreased 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 TW Telecom (TWTC) by Level 3 Communications (LVLT) for $7.3 billion in cash plus stock deal. Under the terms of the agreement, shareholders of TW Telecom will receive $10 in cash and 0.7 shares of Level 3 common stock for each share of TW Telecom common stock.
- The acquisition of Fusion-io (FIO) by SanDisk (SNDK) for $1.1 billion of $11.25 per share in cash.
- The acquisition of Measurement Specialties (MEAS) by TE Connectivity Ltd. (TEL) for $1.7 billion or $86.00 per share in cash.
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