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Merger Arbitrage Mondays – June 26, 2017

  • June 25, 2017

Merger activity increased last week with five 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 four new deals announced in the Deals in the Works section.

Deal Statistics:

New Deals:

  1. The acquisition of Rice Energy (RICE) by EQT Corporation (EQT) for $8.2 billion in a cash plus stock deal. Under the terms of the agreement, shareholders of Rice Energy will receive 0.37 shares of EQT common stock and $5.30 in cash per share of Rice common stock.
  2. The acquisition of Novadaq Technologies (NVDQ) by Stryker Corporation (SYK) for $701 million or $11.75 per share in cash.
  3. The acquisition of PAREXEL International Corporation (PRXL) by Pamplona Capital Management for $5 billion or $88.10 per share in cash.

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