Merger Arbitrage Mondays – August 14, 2017
Merger activity decreased last week with three new deals announced and three 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 three new deals announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of Nxstage Medical (NXTM) by Fresenius Medical Care for $1.62 billion or $30.00 per share in cash.
- The acquisition of Supreme Industries (STS) by Wabash National Corporation (WNC) for $260.9 million or $21.00 per share in cash.
- The acquisition of Invitation Homes (INVH) by Starwood Waypoint Homes (SFR) for $7.36 billion in an all stock deal. Under the terms of the agreement, each Starwood Waypoint Homes share will be converted into 1.614 Invitation Homes shares, based on a fixed exchange ratio. The all-stock merger is intended to be a tax-free transaction.
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