Merger Arbitrage Mondays – January 18, 2016
Merger activity increased last week with two new deals announced and three 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 Baxalta Incorporated (BXLT) by Shire (SHPG) for $32 billion in a cash plus stock deal. Under the terms of the agreement,Baxalta shareholders will receive $18.00 in cash and 0.1482 Shire ADS per Baxalta share.
- The acquisition of Anchor BanCorp Wisconsin (ABCW) by Old National Bancorp (ONB) for $461 million in a cash or stock deal. Under the terms of the agreement, Anchor shareholders may elect to receive either 3.5505 shares of Old National common stock or $48.50 in cash for each share of Anchor they hold, subject to no more than 40% of the outstanding shares of Anchor may receive cash.
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