Merger Arbitrage Mondays – February 9, 2015
Merger activity increased last week with seven new mergers announced and four 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 Advanced Photonix (API) by Luna Innovations Incorporated (LUNA) in an all stock deal. Under the terms of the agreement, shareholders of Advanced Photonix will receive 0.31782 shares of Luna common stock for each share of API common stock.
- The acquisition of Entropic Communications (ENTR) by MaxLinear (MXL) in a cash plus stock deal. Under the terms of the agreement, Entropic shareholders will receive $1.20 per share in cash and 0.2200 shares of MaxLinear common stock for each Entropic common share.
- The acquisition of Advent Software (ADVS) by SS&C Technologies Holdings (SSNC) for $2.7 billion or $44.25 per share in cash.
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