Merger Arbitrage Mondays – July 31, 2017
Merger activity increased last week with six new deals announced, 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 was one new deal announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of NeuroDerm (NDRM) by Mitsubishi Tanabe Pharma Corporation for $654.33 million or $39 per share in cash.
- The acquisition of WebMD Health (WBMD) by Internet Brands for $2.8 billion or $66.50 per share in cash.
- The acquisition of MainSource Financial Group (MSFG) by First Financial Bancorp (FFBC) for $1 billion in an all stock deal. Under the terms of the merger agreement, shareholders of MainSource will receive 1.3875 common shares of First Financial common stock for each share of MainSource common stock.
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