Merger Arbitrage Mondays – November 27, 2017
Merger activity decreased last week with two 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 no new deals announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of Cavium (CAVM) by Marvell Technology Group (MRVL) for $6 billion in a cash plus stock deal. Under the terms of the definitive agreement, Marvell will pay Cavium shareholders $40.00 in cash and 2.1757 Marvell common shares for each share of Cavium common stock.
- The acquisition of Time, Inc. (TIME) by Meredith Corporation (MVP) for $2.8 billion in an all cash deal. Under the terms of the definitive agreement, Meredith will pay Time shareholders $18.50 in cash. We added this potential acquisition to the Deals in the Works section of our website on November 16, 2017.
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