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Merger Arbitrage Mondays – August 8, 2016

  • August 7, 2016

Merger activity decreased last week with four new deals announced and five 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 Fleetmatics Group (FLTX) by Verizon (VZ) for $2.4 billion or $60.00 per share in cash.
  2. The acquisition of SolarCity (SCTY) by Tesla Motors (TSLA) for $5.4 billion in an all stock deal. Under the terms of the agreement, each share of SolarCity common stock will be converted into the right to receive 0.110 shares of Tesla common stock.
  3. The acquisition of Trina Solar (TSL) by an Investor consortium comprising Mr. Gao and other entities for $2.3 billion or $11.60 per share in cash.

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