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Merger Arbitrage Mondays – April 22, 2019

  • April 22, 2019

Merger activity increased last week with five new deals announced and six 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:

  1. The acquisition of Advanced Disposal Services (ADSW) by Waste Management (WM) for $4.9 billion or $33.15 per share in cash.
  2. The acquisition of Electronics for Imaging (EFII) by an affiliate of Siris Capital Group for $1.7 billion or $37.00 per share in cash.
  3. The acquisition of Liberty Expedia Holdings (LEXEA) by Expedia Group (EXPE) for $19.5 billion in an all stock deal. Under the terms of the agreement, each holder of Liberty Expedia Series A common stock and Series B common stock will receive 0.360 of a share of Expedia Group common stock.

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