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Merger Arbitrage Mondays – August 10, 2015

  • August 9, 2015

Merger activity increased last week with six new deals announced and six 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 PartnerRe (PRE) by EXOR S.p.A. for $6.9 billion. Under the terms of agreement, shareholders of PartnerRe will receive $137.50 per share in cash. PartnerRe common shareholders will also receive a special pre-closing dividend of $3.00 per share in addition to ordinary quarterly dividends through closing.
  2. The acquisition of IPC Healthcare (IPCM) by Team Health Holdings (TMH) for $1.6 billion or $80.25 per share in cash.
  3. The acquisition of Metro Bancorp (METR) by F.N.B. Corporation (FNB) for $474 million in an all stock deal. Under the terms of the agreement, shareholders of Metro Bancorp will receive 2.373 shares of FNB common stock for each common share of Metro.

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