Merger Arbitrage Mondays – October 12, 2015
Merger activity increased last week with five new deals announced and six 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 PMC-Sierra (PMCS) by Skyworks Solutions (SWKS) for $2 billion or $10.50 per share in cash.
- The acquisition of Journal Media Group (JMG) by Gannett (GCI) for $280 million or $12.00 per share in cash.
- The acquisition of BioMed Realty Trust (BMR) by Blackstone Real Estate Partners (BX) for $8 billion or $23.75 per share in cash. In addition to the common stock dividend of $0.26 per share previously declared on September 15, 2015 and payable on October 15, 2015, if the transaction is completed after January 1, 2016 BioMed stockholders will receive a per diem amount of approximately $0.003 per share for each day from January 1, 2016 until (but not including) the closing date.
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