Merger Arbitrage Mondays – September 4, 2017
Merger activity increased last week with five new deals announced and seven 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 IXYS Corporation (IXYS) by Littelfuse (LFUS) for $655 million in a cash or stock deal. Under the terms of the agreement, each IXYS stockholder will be entitled to elect to receive, per IXYS share, either $23.00 in cash or 0.1265 of a share of Littelfuse common stock, subject to proration.
- The acquisition of Kite Pharma (KITE) by Gilead Sciences (GILD) for $11.9 billion or $180 per share in cash.
- The acquisition of MaxPoint Interactive (MXPT) by Valassis for $101 million or $13.86 per share in cash.
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