Merger Arbitrage Mondays – February 12, 2018
Merger activity decreased last week with one new deal announced and three 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 8point3 Energy Partners (CAFD) by Capital Dynamics for $1.7 billion. Under the terms of the agreement, the Partnership’s Class A shareholders and First Solar (FSLR) and SunPower Corporation (SPWR), as holders of common and subordinated units in OpCo, will receive $12.35 per share or per unit in cash, plus a preset daily amount representing cash expected to be generated from December 1, 2017 through closing less any distributions received after the execution of the Merger Agreement and prior to closing.
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