Merger Arbitrage Mondays – March 18, 2019
Merger activity increased last week with three new deals announced and two 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 Mellanox Technologies (MLNX) by NVIDIA Corporation (NVDA) for $6.9 billion or $125 per share in cash.
- The acquisition of Osiris Therapeutics (OSIR) by Smith & Nephew (SNN) for $660.5 million or $19.00 per share in cash.
- The acquisition of Pointer Telocation (PNTR) by I.D. Systems (IDSY) for $140 million in a cash plus stock deal. Under the terms of the agreement, Pointer shareholders will receive $8.50 in cash and 1.272 shares of PowerFleet common stock for each share of Pointer common stock they own.
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