Merger Arbitrage Mondays – September 14, 2015
Merger activity decreased last week with five new deals announced.
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 Meredith Corporation (MDP) by Media General (MEG) for $3.1 billion in a cash plus stock deal. Under the terms of the agreement, shareholders of Meredith Corporation will receive $34.57 in cash and 1.5214 shares of the new holding company for each share of Meredith they own upon closing.
- The acquisition of Strategic Hotels & Resorts (BEE) by Blackstone Real Estate Partners for $6 billion or $14.25 per share in cash.
- The acquisition of Con-way (CNW) by XPO Logistics (XPO) for $3 billion or $47.60 per share in cash.
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