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Merger Arbitrage Mondays – March 9, 2015

  • March 8, 2015

Merger activity decreased last week with five new deals 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:

  1. The acquisition of Mavenir Systems (MVNR) by Mitel Networks Corporation (MITL) for $560 million in a cash plus stock deal. Under the terms of the agreement, shareholders of Mavenir Systems will receive $11.08 per share in cash plus 0.675 of a Mitel common share.
  2. The acquisition of Square 1 Financial (SQBK) by PacWest Bancorp (PACW) for $849 million in an all stock deal. Under the terms of the Agreement, Square 1 stockholders will receive 0.5997 shares of PacWest common stock for each share of Square 1 common stock.
  3. The acquisition of Aruba Networks (ARUN) by Hewlett-Packard Company (HPQ) for $2.7 billion or $24.67 per share in cash.

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