Merger activity declined last week with one new deal announced and ten deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.
We got some positive feedback from subscribers who tried out the new Merger Arbitrage News for Active Deals feature and are working on an enhancement that we feel will make it even more useful. In the meantime, we just finished building another feature that had been requested for some time now and you can check out the beta version of this feature in our new Deals in the Works section. As described on that page,
Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is “seeking strategic alternatives”, ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors.
We would love to hear from you about these new features and if you have any suggestions about improving them.
Deal Statistics:
New Deals: