Merger Arbitrage Mondays – May 15, 2017
Merger activity decreased last week with seven new deals announced and five 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 two new deals announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of Care Capital Properties (CCP) by Sabra Health Care REIT (SBRA) for $4.07 billion in an all stock deal. Under the terms of the agreement, CCP shareholders will receive 1.123 shares of Sabra common stock for each share of CCP common stock they own.
- The acquisition of Kate Spade & Company (KATE) by Coach (COH) for $2.4 billion or $18.50 per share in cash.
- The acquisition of VTTI ENERGY PARTNERS (VTTI) by VTTI B.V. for $1.59 billion or $19.50 per share in cash.
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