Merger Arbitrage Mondays – November 10, 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:
- The acquisition of Sapient (SAPE) by Publicis Groupe for $3.7 billion or $25.00 per share in cash.
- The acquisition of Covance (CVD) by Laboratory Corp. of America Holdings (LH) for $5.6 billion in a cash plus stock deal. Under the terms of the agreement, shareholders of Covance will receive $75.76 in cash and 0.2686 LabCorp shares for each Covance share they own.
- The acquisition of Hampden Bancorp (HBNK) by Berkshire Hills Bancorp (BHLB) in an all stock deal. Under the terms of the agreement, shareholders of Hampden Bancorp will receive 0.81 shares of Berkshire Hills common stock for each outstanding share of Hampden stock.
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