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Merger Arbitrage Mondays – June 8, 2015

  • June 8, 2015

Merger activity decreased last week with three new deals announced and two deals closing.

According to Seeking Alpha, U.S. M&A activity hit an all-time monthly record in May, surpassing the previous highs seen during the height of the dot-com bubble and peak of the debt boom that led to the 2008 financial crisis.

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 Altera (ALTR) by Intel Corporation (INTC) for $16.7 billion or $54.00 per share in cash.
  2. The acquisition of OM Group (OMG) by Apollo Global Management (APO) for $34.00 per share in cash.
  3. The acquisition of Bio-Reference Laboratories (BRLI) by Opko Health (OPK) for $1.47 billion in an all stock deal. Under the terms of the agreement, shareholders of Bio-Reference Laboratories will receive 2.75 shares of OPKO common stock for each share of BRLI common stock.

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