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Merger Arbitrage Mondays – February 27, 2017

  • February 27, 2017

Merger activity remained the same with five new deals announced and four deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.

We are very excited to release a new feature this week called Merger Arbitrage News that displays latest news from various sources as well as latest SEC filings for all active deals. Users who have logged in can filter the news and filings for just the companies they are interested in instead of seeing all news and filings. We hope to continue enhancing this feature by adding more news sources and fine tuning the types of SEC filings that are displayed.

Given below is a screenshot of this feature in action with news and SEC filings displayed for some of the six deals I am invested in. I would love to hear from you if you have any thoughts or suggestions about this new feature.

Deal Statistics:

New Deals:

  1. The acquisition of Lumos Networks (LMOS) by EQT Infrastructure investment strategy for $950 million or $18.00 per share in cash.
  2. The acquisition of Popeyes Louisiana Kitchen (PLKI) by Restaurant Brands International (QSR) for $1.8 billion or $79.00 per share in cash.
  3. The acquisition of Delta Natural Gas Company (DGAS) by Peoples Natural Gas for $227 million or $30.50 per share in cash.

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