Merger Activity decreased last week with two new mergers announced and five 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:
Total Number of Deals Closed in 2014 | 111 |
Total Number of Deals Not Completed in 2014 | 2 |
Total Number of Pending Deals | |
Cash Deals | 21 |
Stock Deals | 20 |
Stock & Cash Deals | 14 |
Special Conditions | 7 |
Total Number of Pending Deals | 62 |
Total Deal Size | $468.99 billion |
New Deals:
Deal Updates:
Closed Deals:
Top 10 deals with largest spreads:
Symbol | Announced Date | Acquiring Company | Closing Price | Last Price | Closing Date | Profit | Annualized Profit |
---|---|---|---|---|---|---|---|
TWGP | 01/06/2014 | ACP Re Ltd. (N/A) | $2.50 | $2.11 | 11/15/2014 | 18.48% | 82.27% |
DTV | 05/18/2014 | AT&T, Inc. (T) | $95.00 | $84.55 | 05/31/2015 | 12.36% | 16.17% |
LO | 07/15/2014 | Reynolds American Inc. (RAI) | $67.37 | $60.47 | 06/30/2015 | 11.41% | 13.48% |
FFKY | 04/22/2014 | Community Bank Shares of Indiana Inc. (CBIN) | $4.01 | $3.65 | 09/19/2014 | 9.74% | 142.22% |
LIN | 03/22/2014 | Media General, Inc. (MEG) | $25.97 | $23.85 | 03/31/2015 | 8.89% | 14.88% |
COV | 06/15/2014 | Medtronic, Inc. (MDT) | $95.98 | $88.26 | 01/31/2015 | 8.75% | 20.08% |
IGT | 07/16/2014 | GTECH S.p.A. (GTKYY) | $18.25 | $16.79 | 06/30/2015 | 8.70% | 10.27% |
OVRL | 05/15/2014 | Sphere 3D Corporation (ANY) | $3.74 | $3.44 | 09/30/2014 | 8.65% | 87.70% |
OABC | 04/29/2014 | Southside Bancshares Inc. (SBSI) | $27.43 | $25.30 | 12/31/2014 | 8.43% | 24.05% |
EDS | 12/02/2013 | Pan Long Company Limited (N/A) | $1.78 | $1.65 | 09/30/2014 | 7.88% | 79.88% |
List of all pending deals:
Voluntary Disclosure: I hold a long position in Safeway (SWY).
Connect with me on LinkedIn: http://www.linkedin.com/in/asifsuria