Merger Arbitrage Mondays – October 30, 2017
Merger activity increased last week with seven new deals announced and two pending 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 BroadSoft (BSFT) by Cisco (CSCO) for $1.9 billion or $55.00 per share in cash.
- The acquisition of Deltic Timber Corporation (DEL) by Potlatch Corporation (PCH) for $1.18 billion in an all stock deal. Under the terms of the agreement, Deltic stockholders will receive 1.80 common shares of Potlatch stock for each common share of Deltic that they own.
- The acquisition of Exactech (EXAC) by TPG Capital for $625 million or $42.00 per share in cash.
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