×

Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

Merger Arbitrage Mondays – March 20, 2017

  • March 20, 2017

Merger activity remained unchanged last week with three new deals announced and two deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool (MAT) that automatically updates itself during market hours.

Deals in the Works saw more action and we added eight new deals to this new section that we launched a couple of weeks ago.

Deal Statistics:

New Deals:

  1. The acquisition of Mobileye (MBLY) by Intel Corporation (INTC) for $14.7 billion or $63.54 per share in cash.
  2. The acquisition of Amec Foster Wheeler (AMFW) by John Wood Group (WDGJF) for $4.3 billion in an all stock deal. Under the terms of the agreement, Amec Foster Wheeler shareholders will receive 0.75 New Wood Group Shares for each Amec Foster Wheeler Share.
  3. The acquisition of Air Methods Corporation (AIRM) by American Securities for $2.5 billion or $43.00 per share in cash.

Only plus or premium subscribers can access this post. Subscribe today.