Merger Arbitrage Mondays – October 22, 2018
Merger activity decreased last week with six new deals announced and five 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 was one new deal announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of Cambium Learning Group (ABCD) by affiliates of Veritas Capital for $707.56 million or $14.50 per share in cash.
- The acquisition of SendGrid (SEND) by Twilio (TWLO) for $2 billion in an all stock deal. Under the terms of the agreement, shareholders of SendGrid will receive 0.485 shares of Twilio Class A common stock per share of SendGrid common stock.
- The acquisition of Hanwha Q CELLS (HQCL) by Hanwha Solar Holdings for $825 million or $9.90 per share in cash.
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