Merger Arbitrage Mondays – January 14, 2019
Merger activity increased last week with three 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 was one new deal announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The acquisition of Luxoft Holding (LXFT) by DXC Technology Company (DXC) for $2 billion or $59.00 per share in cash.
- The acquisition of Loxo Oncology (LOXO) by Eli Lilly and Company (LLY) for $8 billion or $235 per share in cash.
- The acquisition of HopFed Bancorp (HFBC) by First Financial Corporation (THFF) for $128.3 million. Under the terms of the merger agreement, stockholders of HFBC may elect to receive either 0.444 shares of First Financial common stock or $21.00 in cash for each share of HFBC common stock owned.
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