Merger Arbitrage Mondays – December 10, 2018
Merger activity decreased last week with two new deals announced and seven 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 two new deals announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of Tribune Media Company (TRCO) by Nexstar Media Group (NXST) for $6.4 billion or $46.50 per share in cash. We added TRCO as a potential deal to the Deals in the Works section on September 05, 2018 and the price after the news of the potential deal came out was $37.31.
- The acquisition of Tesaro (TSRO) by GlaxoSmithKline (GSK) for $5.1 billion or $75.00 per share in cash.
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