Merger Arbitrage Mondays – June 27, 2016
Merger activity increased last week with three 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:
- The acquisition of American Science & Engineering (ASEI) by OSI Systems (OSIS) for $269 million or $37.00 per share in cash.
- The acquisition of Carolina Bank Holdings (CLBH) by First Bancorp (FBNC) for $97.3 million in a stock or cash deal. Under the terms of the agreement, Carolina Bank Holdings shareholders will receive either 1.002 shares of First Bancorp’s common stock or $20.00 in cash for each share of Carolina Bank Holdings common stock, subject to the total consideration being 75% stock / 25% cash. We have entered this deal as an all stock deal in our database.
- The acquisition of Skullcandy (SKUL) by Incipio for $177 million or $5.75 per share in cash.
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