Merger Arbitrage Mondays – November 12, 2018
Merger activity increased last week with twelve new deals 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 four new deals announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of Datawatch Corporation (DWCH) by Altair (ALTR) for $176 million or $13.10 per share in cash. We added DWCH as a potential deal to the Deals in the Works section on January 5, 2018 and the price after the news of the potential deal came out was $11.40.
- The acquisition of Inuvo (INUV) by ConversionPoint Technologies for $75.5 million or $2.22 per share in cash.
- The acquisition of Bojangles’ (BOJA) by Durational Capital Management and The Jordan Company for $675.15 million or $16.10 per share in cash. We added BOJA as a potential deal to the Deals in the Works section on September 28, 2018 and the price after the news of the potential deal came out was $15.70.
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