×

Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

Merger Arbitrage Mondays – February 16, 2015

  • February 15, 2015

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:

New Deals:

  1. The acquisition of Rio Alto Mining Limited (RIOM) by Tahoe Resources (TAHO) for $1.12 billion in a cash plus stock deal. Under the terms of the agreement, all of the Rio Alto issued and outstanding common shares will be exchanged on the basis of 0.227 of a Tahoe common share and C$0.001 in cash per Rio Alto share.
  2. The acquisition of Orbitz Worldwide (OWW) by Expedia (EXPE) for $1.6 billion or $12.00 per share in cash.

Only plus or premium subscribers can access this post. Subscribe today.