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Merger Arbitrage Mondays – June 30, 2014

  • June 29, 2014

Merger Activity increased last week with six 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 Integrys Energy Group (TEG) by Wisconsin Energy (WEC) for $9.1 billion in a cash plus stock deal. Under the terms of the agreement, shareholders of Integrys Energy Group will receive common stock at a fixed exchange ratio of 1.128 Wisconsin Energy shares plus $18.50 in cash per Integrys share.
  2. The acquisition of PLX Technology (PLXT) by Avago Technologies Limited (AVGO) for $293 million or $6.50 per share in cash.
  3. The acquisition of MICROS Systems (MCRS) by Oracle Corporation (ORCL) for $4.6 billion or $68.00 per share in cash.

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