Merger Arbitrage Mondays – November 13, 2017
Merger activity decreased last week with two new deals announced and one pending deal 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 Alon USA Partners (ALDW) by Delek US Holdings (DK) for $778.02 million in an all stock deal. Under terms of the merger agreement, the owners of the outstanding common units in Alon Partners that Delek US and its affiliates do not currently own will receive a fixed exchange ratio of 0.49 Delek US shares for each common unit of Alon Partners.
- The acquisition of magicJack VocalTec (CALL) by B. Riley Financial (RILY) for $143 million or $8.71 per share in cash.
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