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Merger Arbitrage Mondays – April 3, 2017

  • April 3, 2017

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

There were no new deals announced in the Deals in the Works section.

Deal Statistics:

New Deals:

  1. The acquisition of Norsat International (NSAT) by Hytera Project for $62 million or $10.25 per share in cash.
  2. The acquisition of Stonegate Bank (SGBK) by Home Bancshares (HOMB) for $778.4 million or $49 per share in cash.
  3. The acquisition of Exeter Resource Corporation (XRA) by Goldcorp (GG) for $184.45 million in an all stock deal. Under the terms of the agreement, shareholders of Exeter Resource Corporation will receive 0.12 of a Goldcorp share for each Exeter share.

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