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Merger Arbitrage Mondays – October 6, 2014

  • October 5, 2014

Merger Activity increased last week with seven 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:

New Deals:

  1. The acquisition of Athlon Energy (ATHL) by Encana Corporation (ECA) for $7.1 billion or $58.50 per share in cash.
  2. The acquisition of Simplicity Bancorp (SMPL) by HomeStreet (HMST) in an all stock deal. Under the terms of the agreement, Simplicity stockholders are expected to receive one share of HomeStreet common stock for each share owned of Simplicity common stock, subject to adjustment if HomeStreet’s closing stock price during a specified measurement period prior to closing is more than $20 or less than $15 per share.
  3. The acquisition of TIBCO Software (TIBX) by Vista Equity Partners for $4.3 billion or $24.00 per share in cash.

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