Merger Arbitrage Mondays – February 4, 2019
Merger activity increased last week with two new deals announced and eleven 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 no new deals announced in the Deals in the Works section.
Deal Statistics:
New Deals:
- The merger of Versum Materials (VSM) and Entegris (ENTG) for $4.89 billion in an all stock deal. Under the terms of the agreement, Versum Materials stockholders will receive 1.120 shares of Entegris for each existing Versum Materials share.
- The merger of TCF Financial Corporation (TCF) and Chemical Financial Corporation (CHFC) for $5 billion in an all stock deal. Under the terms of the agreement, TCF shareholders will receive 0.5081 shares of Chemical common stock for each share of TCF common stock.
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