Merger Arbitrage Mondays – July 23, 2018
Merger activity increased last week with three new deals announced and four 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 Gulfmark Offshore (GLF) by Tidewater (TDW) for $282.72 million in an all stock deal. Under the terms of the all-stock agreement, GulfMark stockholders will receive 1.100 shares of Tidewater common stock for each share of GulfMark common stock held by them.
- The acquisition of Anchor Bancorp (ANCB) by FS Bancorp (FSBW) for $77 million in a cash plus stock deal. Under terms of the Agreement, each share of Anchor common stock will receive fixed consideration consisting of 0.2921 shares of FS Bancorp common stock and $12.40 per share in cash.
- The acquisition of Syntel (SYNT) by Atos S.E. for $3.57 billion or $41.00 per share in cash.
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