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Merger Arbitrage Mondays – Supercomputer Company CRAY Acquired by Hewlett Packard Enterprise

  • May 20, 2019

After a very active prior week where we saw nine new deals announced, merger activity decreased last week with two new deals announced and four 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 Amber Road (AMBR) by E2open for $425 million or $13.05 per share in cash.
  2. The acquisition of Cray (CRAY) by Hewlett Packard Enterprise (HPE) for $1.3 billion or $35.00 per share in cash.

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