Merger Arbitrage Mondays – April 13, 2015
Merger activity decreased last week with three 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:
- The acquisition of QEP Midstream Partners (QEPM) by Tesoro Logistics (TLLP) in an all stock deal. Under the terms of the agreement, QEPM public unit holders will receive 0.3088 TLLP common units for each QEPM Common Unit held.
- The acquisition of Baltic Trading Limited (BALT) by Genco Shipping & Trading Limited (GSKNF) in an all stock deal. Under the terms of the agreement, Baltic Trading shareholders will receive 0.216 shares of Genco common stock for each share of Baltic Trading common stock.
- The acquisition of Excel Trust (EXL) by Blackstone Property Partners (BX) for $2 billion or $15.85 per share in cash.
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