Merger Arbitrage Mondays – October 27, 2014
Merger Activity decreased last week with two new mergers announced and three 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 Cleco Corporation (CNL) by a group of investors led by Macquarie Infrastructure and Real Assets (MIRA) and British Columbia Investment Management Corporation (bcIMC), together with John Hancock Financial and other investors for $4.7 billion or $55.37 per share in cash.
- The acquisition of BTU International (BTUI) by Amtech Systems (ASYS) in an all stock deal. Under the terms of the agreement, shareholders of BTU International will receive 0.3291 shares of Amtech common stock for every share of BTU common stock.
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