+ | GNW | 10/23/2016 | China Oceanwide Holdings Group Co., Ltd. (N/A) | All Cash | $2.7 billion | $5.43 | $3.67 | 10,637,344 | 06/30/2019 | 47.96% | 2917.35% |
Genworth Financial, Inc. merger details: Expected to close in the middle of 2017 for a closing value of $2.7 billion. Upon completion of the merger, shareholders of Genworth Financial will receive $5.43 per share in cash. Merger Agreement Genworth Financial, Inc. Investor Relations China Oceanwide Holdings Group Co., Ltd. Investor Relations Update(s) December 21, 2016: Genworth Financial (GNW) announced that under the HSR Act, the merger with China Oceanwide Holdings Group may not be completed until certain information and materials have been provided by Asia Pacific and Genworth to the Antitrust Division of the U.S. Department of Justice and the Federal Trade Commission, and the applicable waiting period under the HSR Act has expired or been terminated. The parties filed the required notifications with the Antitrust Division and the FTC on December 7, 2016 and early termination of the applicable waiting period was granted on December 16, 2016. January 25, 2017: Genworth Financial (GNW) announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission and will commence mailing to stockholders of record the definitive proxy materials in connection with the previously announced transaction with China Oceanwide Holdings Group. The special meeting of Genworth stockholders will be held on Tuesday, March 7, 2017. March 7, 2017: Genworth Financial (GNW) announced that at its stockholders adopted the previously announced merger agreement with China Oceanwide Holdings Group. April 29, 2017: China Oceanwide Holdings Group said that it had refiled its application for U.S. approval of its $2.7 billion acquisition of life insurance company Genworth Financial (GNW), in a bid to add more time to the regulatory review. July 13, 2017: Genworth Financial (GNW) and China Oceanwide Holdings Group reported that they have withdrawn and re-filed their joint voluntary notice with the Committee on Foreign Investment in the United States (CFIUS) a second time to provide CFIUS more time to review and discuss the proposed transaction between Genworth and Oceanwide. August 2, 2017: Genworth (GNW) and Oceanwide continue to work diligently to satisfy the closing conditions under their previously announced proposed transaction and are committed to closing the transaction as soon as possible. In addition to clearance by CFIUS, the closing of the proposed transaction remains subject to the receipt of required regulatory approvals in the U.S., China, and other international jurisdictions and other closing conditions. Because the timing of the regulatory reviews will delay the completion of the transaction beyond the originally targeted time frame of the middle of 2017, Genworth and Oceanwide have agreed in principle to extend the August 31, 2017, deadline set forth in the merger agreement to November 30, 2017. September 19, 2017: China’s Oceanwide Holdings is aiming to close its $2.7 billion acquisition of U.S. insurer Genworth Financial (GNW) by end of this year after securing approval from a U.S. government panel, said an executive of the Chinese firm. October 2, 2017: A.M. Best commented that the Long-Term Issuer Credit Ratings of “bb-” of Genworth Financial (GNW) and Genworth Holdings as well as their existing Long-Term Issue Credit Ratings will remain under review with negative implications following the announcement that Genworth and China Oceanwide Holdings Group have withdrawn their joint voluntary notice with the Committee on Foreign Investment in the United States (CFIUS). October 4, 2017: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that the North Carolina Department of Insurance has approved the proposed acquisition of control by Oceanwide of Genworth’s North Carolina-domiciled insurance companies, including Genworth Mortgage Insurance Corporation, as contemplated under the merger agreement entered into by Genworth and Oceanwide. October 9, 2017: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that the South Carolina Department of Insurance has approved the proposed acquisition of control by Oceanwide of Genworth’s South Carolina-domiciled special purpose financial captive insurance subsidiary, Rivermont Life Insurance Company I, as contemplated under the merger agreement. November 29, 2017: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that they have agreed to a second waiver and agreement of each party’s right to terminate the previously announced merger agreement. The second waiver and agreement extends the previous deadline of Nov. 30, 2017, to April 1, 2018, and allows additional time for regulatory reviews of the transaction. January 4, 2018: Genworth Financial (GNW) and China Oceanwide Holdings Group issued an update on the status of their efforts to obtain clearance of their proposed transaction from CFIUS. There can be no assurances that CFIUS will ultimately agree to clear a transaction between Genworth and Oceanwide on terms acceptable to the parties or at all. In addition to clearance by CFIUS, the closing of the proposed transaction remains subject to the receipt of state-level regulatory approvals that are pending in Delaware and New York, as well as regulatory reviews in China and other international jurisdictions and other closing conditions. February 6, 2018: Genworth Financial (GNW) said that its application for assent to a takeover by China Oceanwide Holdings Group had been refiled, after agreeing changes the duo hope will alleviate U.S. regulatory concerns. March 27, 2018: Genworth Financial (GNW) and China Oceanwide Holdings Group announced they have agreed to a fourth waiver and agreement of each party’s right to terminate the previously announced merger agreement. The fourth waiver and agreement extends the previous deadline of April 1, 2018 to July 1, 2018, and allows additional time for regulatory reviews of the transaction. April 24, 2018: Genworth Financial (GNW) and China Oceanwide Holdings Group reported that they have withdrawn and re-filed their joint voluntary notice with the Committee on Foreign Investment in the United States (CFIUS) to provide CFIUS additional time to review and discuss the proposed transaction between Genworth and Oceanwide. June 9, 2018: China Oceanwide Holdings Group and Genworth Financial (GNW) announced that the Committee on Foreign Investment in the United States (CFIUS) has completed its review of their proposed transaction and concluded that there are no unresolved national security concerns with respect to the proposed transaction. The closing of the transaction remains subject to other conditions, including the receipt of required regulatory approvals in the U.S., China and other international jurisdictions. June 28, 2018: Genworth Financial (GNW) and China Oceanwide Holdings Group announced they have agreed to a fifth waiver and agreement of each party’s right to terminate the previously announced merger agreement. The fifth waiver and agreement extends the previous deadline of July 1, 2018 to August 15, 2018 to allow additional time for continued regulatory review of the transaction. August 14, 2018: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that they have agreed to a sixth waiver and agreement of each party’s right to terminate the previously announced merger agreement. The sixth waiver and agreement extends the previous deadline of August 15, 2018 to December 1, 2018 to allow additional time to complete the regulatory review process. September 13, 2018: Genworth Financial (GNW) announced it will hold its 2018 Annual Meeting of Stockholders on December 13, 2018, if its proposed merger with China Oceanwide Holdings Group has not yet been completed. On September 14, 2018, Genworth Financial and China Oceanwide Holdings Group announced that they are submitting supplemental information to the regulators who are reviewing their proposed transaction. October 26, 2018: The Delaware Department of Insurance (DDI) announced it has scheduled a public hearing on November 28, 2018 on the proposed acquisition of control of Delaware-domiciled Genworth Life Insurance Company by entities affiliated with China Oceanwide Holdings Group in connection with the merger of Oceanwide and Genworth Financial (GNW). November 30, 2018: Genworth Financial (GNW) and China Oceanwide Holdings Group entered into a Seventh Waiver and Agreement pursuant to which they agreed to extend the End Date to January 31, 2019. December 21, 2108: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that the Delaware Department of Insurance has approved the proposed acquisition of control by Oceanwide of Genworth’s Delaware-domiciled insurance company. In addition, Fannie Mae and Freddie Mac have approved Oceanwide’s control of Genworth Mortgage Insurance Corporation. Approval from regulators in Australia and New Zealand was also recently received for the proposed transaction. January 11, 2019: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that the Virginia State Corporation Commission, Bureau of Insurance, reapproved the proposed acquisition of control by Oceanwide of Genworth’s Virginia-domiciled insurance companies, Genworth Life and Annuity Insurance Company and Jamestown Life Insurance Company, as contemplated under the merger agreement. January 13, 2019: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that the New York State Department of Financial Services has approved the proposed acquisition of control of New York-domiciled Genworth Life Insurance Company of New York by entities affiliated with Oceanwide in connection with the merger of Oceanwide and Genworth. January 30, 2019: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that they have agreed to an eighth waiver and agreement of each party’s right to terminate the previously announced merger agreement. The eighth waiver and agreement extends the previous deadline of January 31, 2019 to March 15, 2019. March 14, 2019: Genworth Financial (GNW) and China Oceanwide Holdings announced that they have agreed to a ninth waiver and agreement of each party’s right to terminate the previously announced merger agreement. The ninth waiver and agreement extends the previous deadline of March 15, 2019 to April 30, 2019 in consideration of pending regulatory reviews. April 29, 2019: Genworth Financial (GNW) and China Oceanwide Holdings announced that they have agreed to a tenth waiver and agreement of each party’s right to terminate the previously announced merger agreement. The tenth waiver and agreement extends the previous deadline of April 30, 2019 to June 30, 2019 in consideration of pending regulatory reviews. Genworth and Oceanwide continue to work diligently to satisfy the closing conditions under their previously announced proposed transaction and are committed to closing the transaction as soon as possible. In addition to clearance by CFIUS, the closing of the proposed transaction remains subject to the receipt of required regulatory approvals in the U.S., China, and other international jurisdictions and other closing conditions. Because the timing of the regulatory reviews will delay the completion of the transaction beyond the originally targeted time frame of the middle of 2017, Genworth and Oceanwide have agreed in principle to extend the August 31, 2017, deadline set forth in the merger agreement to November 30, 2017.Genworth and Oceanwide continue to work diligently to satisfy the closing conditions under their previously announced proposed transaction and are committed to closing the transaction as soon as possible. In addition to clearance by CFIUS, the closing of the proposed transaction remains subject to the receipt of required regulatory approvals in the U.S., China, and other international jurisdictions and other closing conditions. Because the timing of the regulatory reviews will delay the completion of the transaction beyond the originally targeted time frame of the middle of 2017, Genworth and Oceanwide have agreed in principle to extend the August 31, 2017, deadline set forth in the merger agreement to November 30, 2017. |
+ | PACB | 11/01/2018 | Illumina, Inc. (ILMN) | All Cash | $742.9 million | $8.00 | $6.23 | 3,402,629 | 12/31/2019 | 28.41% | 54.58% |
Pacific Biosciences of California, Inc. merger details: Expected to close by mid-2019 for a closing value of $742.9 million. Upon completion of the merger, shareholders of Pacific Biosciences of California will receive $8.00 per share in cash. Merger Agreement Pacific Biosciences of California, Inc. Investor Relations Illumina, Inc. Investor Relations Pacific Biosciences of California, Inc. Investor Relations Illumina, Inc. Investor Relations Update(s) January 24, 2019: Pacific Biosciences of California (PACB) shareholders voted to approve the acquisition by Illumina (ILMN). June 18, 2019: The Competition and Markets Authority of the United Kingdom announced the completion of its Phase 1 review of the Merger between Pacific Biosciences of California (PACB) Illumina (ILMN) and that it will refer the Merger for a Phase 2 review if the Company and Illumina are unable to address the CMA’s concerns.. The companies now expect the merger to be completed in the fourth quarter of 2019 instead of the previously announced end of second quarter 2019 date. |
+ | STC | 03/19/2018 | Fidelity National Financial, Inc. (FNF) | Cash Plus Stock | $1.2 billion | $51.19 | $41.2 | 144,939 | 06/30/2019 | 24.24% | 1474.81% |
Stewart Information Services Corporation merger details: Expected to close in the first or second quarter of 2019 for a closing value of $1.2 billion in a cash plus stock deal. Under the terms of the agreement, Stewart shareholders will receive $25.00 in cash and 0.6425 common shares of Fidelity for each share of Stewart common stock they hold at closing. Merger Agreement Stewart Information Services Corporation Investor Relations Fidelity National Financial, Inc. Investor Relations Stewart Information Services Corporation Investor Relations Fidelity National Financial, Inc. Investor Relations Update(s) August 21, 2018: Fidelity National Financial (FNF) announced that FNF received a “no-action letter” from the Canadian Competition Bureau, indicating that the Bureau does not intend to oppose completion of the previously announced acquisition of Stewart Information Services Corporation (STC). September 5, 2018: Stewart Information Services Corporation (STC) announced that at its special meeting of stockholders, a majority of the outstanding shares of Stewart common stock voted to approve the Agreement and Plan of Merger, with Fidelity National Financial (FNF). February 4, 2019: The New York State Department of Financial Services provided written notice to Fidelity National Financial (FNF) of its disapproval of FNF’s application to acquire control of Stewart Title Insurance Company (STC). Stewart and FNF continue to work actively to satisfy all of the regulatory conditions to the closing of the Acquisition, including with the Federal Trade Commission, the Texas Department of Insurance, and the NYDFS. |
+ | LKSD | 10/31/2018 | Quad/Graphics, Inc. (QUAD) | All Stock | $1.4 billion | $5.70 | $4.7300 | 3,040,597 | 06/30/2019 | 20.51% | 1247.53% |
LSC Communications, Inc. merger details: Expected to close in mid-2019 for a closing value of $1.4 billion in an all stock deal. Under the terms of the agreement, LSC Communications shareholders will receive 0.625 shares of Quad Class A common stock for each LSC Communications share they own. Merger Agreement LSC Communications, Inc. Investor Relations Quad/Graphics, Inc. Investor Relations Update(s) February 25, 2019: LSC Communications (LKSD) announced that its stockholders voted to adopt the merger agreement and approve the previously announced combination with Quad/Graphics (QUAD). June 20, 2019: The U.S. Justice Department said that it had filed a lawsuit aimed at stopping Quad/Graphics (QUAD) from buying LSC Communications (LKSD). |
+ | AVP | 05/22/2019 | Natura Cosméticos S.A. (NATU3.SA) | All Stock | $3.7 billion | $4.65 | $3.95 | 7,620,518 | 01/31/2020 | 17.60% | 29.06% |
Avon Products, Inc. merger details: Expected to close in early 2020 for a closing value of $3.7 billion in an all stock deal. As part of this transaction, a new Brazilian holding company, Natura Holding S.A., has been created. Under the terms of the agreement, Avon shareholders will receive a fixed exchange ratio of 0.300 Natura Holding shares for each share of Avon common stock. Upon closing, Natura Holding S.A.s’ stock will be listed on B3 with a 55% public float and it will also have ADRs listed on the NYSE. Avon shareholders will have the option to receive ADRs traded on the NYSE or shares listed on B3. Avon Products, Inc. Investor Relations |
+ | S | 04/29/2018 | T-Mobile US, Inc. (TMUS) | All Stock | $59 billion | $7.76 | $6.87 | 27,844,165 | 07/29/2019 | 13.01% | 135.68% |
Sprint Corporation merger details: Expected to close in the first half of 2019 for a closing value of $59 billion in an all stock deal. Under the terms of the agreement, Sprint shareholders will receive 0.10256 T-Mobile shares for each Sprint share or the equivalent of 9.75 Sprint shares for each T-Mobile US share. Merger Agreement Sprint Corporation Investor Relations T-Mobile US, Inc. Investor Relations Update(s) May 23, 2018: A U.S. Senate committee plans to hold a hearing on June 27 on the proposed merger of T-Mobile US (TMUS) and Sprint (S). T-Mobile and Sprint said they expected to complete their deal no later than the first half of 2019. June 7, 2018: According to Reuters, the U.S. Department of Justice is examining how the proposed merger between T-Mobile (TMUS) and Sprint (S) could affect prices for smaller wireless operators. June 15, 2018: According to Reuters, Sprint (S) and T-Mobile (TMUS) have informed the Federal Communications Commission that they will formally file an application asking for approval to merge on Monday, June 18, 2018. August 6, 2018: According to Reuters, U.S. antitrust enforcers are in the early stages of reviewing T-Mobile US’s (TMUS) plan to buy Sprint (S), and have reached no conclusions on how many wireless carriers the country needs. September 10, 2018: According to The Wall Street Journal, FCC has paused the clock for reviewing the T-Mobile (TMUS), Sprint (S) deal. Regulator says it needs more time to review engineering and business information from the companies. October 30, 2018: T-Mobile US (TMUS) announced that it has received shareholder approval on proposals related to the company’s previously announced merger with Sprint Corporation (S). December 17, 2018: T-Mobile US (TMUS) and Sprint Corporation (S) announced that the companies have successfully received approval from the Committee on Foreign Investment in the United States (CFIUS) for their proposed merger transaction. Additionally, the U.S. Department of Justice, Department of Homeland Security, and Department of Defense confirmed it has no objections to the merger and has withdrawn its request to defer action on the transaction. February 4, 2019: T-Mobile US (TMUS) told the U.S. Federal Communications Commission that it would not increase prices for three years, with few exceptions, if it gets approval to buy rival Sprint Corp (S). February 12, 2019: According to Reuters, a group of eight Democratic U.S. senators and independent Senator Bernie Sanders urged the Justice Department and Federal Communications Commission on to reject the proposed merger of T-Mobile US (TMUS) and Sprint (S). March 8, 2019: The Federal Communications Commission paused its months-long review of the proposed merger between Sprint (S) and T-Mobile U.S. (TMUS) to examine what it called “significant new information”. April 16, 2019: The U.S. Justice Department told T-Mobile (TMUS) and Sprint (S) that it has concerns about their merger in its current structure. April 25, 2019: According to a filing, T-Mobile (TMUS) and Sprint (S) executives this week urged senior U.S. regulators to approve the proposed tie-up, saying the combined company would have the incentive to slash prices. April 29, 2019: According to Reuters, Makan Delrahim, the head of the U.S. Justice Department’s Antitrust Division, said that there had been no decision made on whether to approve the merger of Sprint (S) and T-Mobile (TMUS) but that meetings on the matter continued. Separately, the two companies announced that they had extended the deadline for completing the deal to July 29. May 13, 2019: T-Mobile US (TMUS) and Sprint (S), fighting to win regulatory clearance for their merger, are considering possible concessions to salvage the deal, according to people familiar with the situation. May 20, 2019: FCC Commissioner Brendan Carr announced his support for the merger between wireless providers T-Mobile (TMUS) and Sprint (S). June 14, 2019: According to Reuters, the U.S. Justice Department is set to decide as early as next week whether to approve the merger of wireless carriers T-Mobile USA (TMUS) and Sprint (S). According to The Wall Street Journal, FCC has paused the clock for reviewing the T-Mobile, Sprint Deal. Regulator says it needs more time to review engineering and business information from the companies.According to The Wall Street Journal, FCC has paused the clock for reviewing the T-Mobile, Sprint Deal. Regulator says it needs more time to review engineering and business information from the companies. |
+ | MLNX | 03/11/2019 | NVIDIA Corporation (NVDA) | All Cash | $6.9 billion | $125.00 | $111.49 | 304,137 | 12/31/2019 | 12.12% | 23.28% |
Mellanox Technologies, Ltd. merger details: Expected to close by the end of the calendar year 2019 for a closing value of $6.9 billion. Upon completion of the merger, shareholders of Mellanox Technologies will receive $125 per share in cash. Merger Agreement Mellanox Technologies, Ltd. Investor Relations NVIDIA Corporation Investor Relations Mellanox Technologies, Ltd. Investor Relations
NVIDIA Corporation Investor Relations
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+ | ONCE | 02/25/2019 | Roche Holding AG (RHHBY) | All Cash | $4.8 billion | $114.50 | $105.07 | 747,258 | 06/30/2019 | 8.97% | 545.98% |
Spark Therapeutics, Inc. merger details: Expected to close in the second quarter of 2019 for a closing value of $4.8 billion. Upon completion of the merger, shareholders of Spark Therapeutics will receive $114.50 per share in cash. Spark Therapeutics, Inc. Investor Relations Roche Holding AG Investor Relations Merger Agreement Spark Therapeutics, Inc. Investor Relations Roche Holding AG Investor Relations Update(s) March 7, 2019: Roche (RHHBY) announced that it has commenced a cash tender offer for all of the outstanding shares of common stock of Spark Therapeutics (ONCE). The tender offer period will expire at 12am midnight, Eastern Time, at the end of the day on 3 April 2019. April 3, 2019: Roche and Spark Therapeutics (ONCE) announced that Roche has withdrawn its Premerger Notification and Report Form under the Hart-Scott-Rodino Act in connection with Roche’s pending acquisition of Spark. As a result of the withdrawal and refiling of the Premerger Notification and Report Form, Roche is extending the offering period of its previously announced tender offer to purchase all of the outstanding shares of common stock of Spark. The Offer is being extended until May 2, 2019. May 14, 2019: Roche and Spark Therapeutics (ONCE) announced that Roche and Spark intend to refile on or about 23 May 2019 their respective Premerger Notification and Report Forms under the Hart-Scott-Rodino Act. June 11, 2019: Roche Holdings announced another delay in its proposed takeover of Spark Therapeutics (ONCE). The expiration date of Roche’s offer has been extended from June 14 to July 31, which suggests Spark shareholders now have until July 31 to tender their shares. |
+ | CY | 06/02/2019 | Infineon Technologies AG (IFNNY) | All Cash | $9.56 billion | $23.85 | $22.17 | 16,116,031 | 01/31/2020 | 7.58% | 12.52% |
Cypress Semiconductor Corporation merger details: Expected to close by the end of calendar year 2019 or early 2020 for a closing value of $9.56 billion. Upon completion of the merger, shareholders of Cypress Semiconductor Corporation will receive $23.85 per share in cash. Cypress Semiconductor Corporation Investor Relations Infineon Technologies AG Investor Relations Cypress Semiconductor Corporation Investor Relations Infineon Technologies AG Investor Relations |
+ | PNTR | 03/15/2019 | I.D. Systems, Inc. (IDSY) | Cash Plus Stock | $140 million | $15.90 | $14.86 | 35,319 | 06/30/2019 | 7.02% | 427.00% |
Pointer Telocation Ltd. merger details: Expected to close in the summer of 2019 for a closing value of $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. Merger Agreement Pointer Telocation Ltd. Investor Relations I.D. Systems, Inc. Investor Relations |
+ | ZAYO | 05/08/2019 | affiliates of Digital Colony Partners and EQT Infrastructure IV fund (N/A) | All Cash | $14.3 billion | $35.00 | $33.04 | 2,939,526 | 06/30/2020 | 5.93% | 5.82% |
Zayo Group Holdings, Inc. merger details: Expected to close in the first half of 2020 for a closing value of $14.3 billion. Upon completion of the merger, shareholders of Zayo Group will receive $35.00 per share in cash. Zayo Group Holdings, Inc. Investor Relations |
+ | APC | 05/09/2019 | Occidental Petroleum Corporation (OXY) | Cash Plus Stock | $57 billion | $73.85 | $70.31 | 6,350,977 | 12/31/2019 | 5.03% | 9.67% |
Anadarko Petroleum Corporation merger details: Expected to close in the second half of 2019 for a closing value of $57 billion in a cash plus stock deal. Under the terms of the agreement, Occidental will acquire Anadarko Petroleum Corporation for $59.00 in cash and 0.2934 shares of Occidental common stock per share of Anadarko common stock. Merger Agreement Anadarko Petroleum Corporation Investor Relations Occidental Petroleum Corporation Investor Relations Update(s) June 3, 2019: Occidental Petroleum Corporation (OXY) announced that the U.S. Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the pending acquisition of Anadarko Petroleum Corporation (APC). |
+ | FNSR | 11/09/2018 | II-VI Incorporated (IIVI) | Cash Plus Stock | $2.15 billion | $23.38 | $22.4 | 2,047,245 | 09/30/2019 | 4.37% | 16.27% |
Finisar Corporation merger details: Expected to close in the middle of the year 2019 for a closing value of $2.15 billion in a cash plus stock deal. Under the terms of the agreement, Finisar’s stockholders will receive, $15.60 per share in cash and 0.2218 shares of II-VI common stock. Merger Agreement Finisar Corporation Investor Relations II-VI Incorporated Investor Relations Finisar Corporation Investor Relations II-VI Incorporated Investor Relations Update(s) March 26, 2019: Shareholders of II-VI Incorporated (IIVI) and Finisar Corporation (FNSR) overwhelmingly voted to approve proposals related to II-VI’s acquisition of Finisar at special meetings held today by the respective companies. May 3, 2019: We have extended the closing date for this deal to September 30, 2019 as the transaction is still under review by the Romanian Competion Council, the Federal Economic Competition Commission in Mexico and the State Administration for Market Regulation in China. This review is expected to be completed by the end of August 2019. |
+ | UQM | 01/21/2019 | Danfoss Power Solutions (US) Company (N/A) | All Cash | $100 million | $1.71 | $1.64 | 216,808 | 07/15/2019 | 4.27% | 74.19% |
UQM Technologies, Inc. merger details: Expected to close in the second quarter of 2019 for a closing value of $100 million. Upon completion of the merger, shareholders of UQM Technologies will receive $1.71 per share in cash. Merger Agreement UQM Technologies, Inc. Investor Relations Update(s) April 23, 2019: UQM Technologies (UQM) announced that its shareholders approved the merger of UQM with Danfoss Power Solutions Company. June 10, 2019: UQM Technologies (UQM) announced that the Committee on Foreign Investment in the United States (CFIUS) has notified the Company that it will extend its period of investigation regarding the previously announced merger with Danfoss Power Solutions. The extended period will be completed no later than July 25, 2019. Given the extended review period, management now believes that the closing with Danfoss should occur in the early part of the third quarter of 2019 following CFIUS approval. |
+ | EE | 06/03/2019 | J.P. Morgan Investment Management Inc. (N/A) | All Cash | $4.3 billion | $68.25 | $65.52 | 571,344 | 06/30/2020 | 4.17% | 4.09% |
El Paso Electric Company merger details: Expected to close in the first half of 2020 for a closing value of $4.3 billion. Upon completion of the merger, shareholders of El Paso Electric Company will receive $68.25 per share in cash. Merger Agreement El Paso Electric Company Investor Relations |
+ | TST | 06/12/2019 | TheMaven Inc. (N/A) | Special Conditions | $33.75 million | $6.33 | $6.08 | 19,241 | 09/30/2019 | 4.11% | 15.31% |
TheStreet, Inc. merger details: Expected to close in the third quarter of 2019 for a closing value of $33.75 million. Upon completion of the merger, stockholders of TheStreet are expected to receive total cash consideration, including payments under the CVR, of $6.19 – $6.47 per share. About half the total consideration will be paid in cash and the rest as a special dividend and a Contingent Value Right (CVR). Merger Agreement TheStreet, Inc. Investor Relations TheMaven Inc. Investor Relations |
+ | ARRY | 06/17/2019 | Pfizer Inc. (PFE) | All Cash | $11.4 billion | $48.00 | $46.2 | 8,680,104 | 12/31/2019 | 3.90% | 7.48% |
Array BioPharma Inc. merger details: Expected to close in the second half of 2019 for a closing value of $11.4 billion. Upon completion of the merger, shareholders of Array Biopharma will receive $48.00 per share in cash. Merger Agreement Pfizer Inc. Investor Relations |
+ | WCG | 03/27/2019 | Centene Corporation (CNC) | Cash Plus Stock | 17.3 billion | $310.53 | $299.29 | 598,186 | 06/30/2020 | 3.76% | 3.69% |
WellCare Health Plans, Inc. merger details: Expected to close in the first half of 2020 for a closing value of $17.3 billion in a cash plus stock deal. Under the terms of the merger agreement, WellCare shareholders will receive a fixed exchange ratio of 3.38 shares of Centene common stock and $120 in cash for each share of WellCare common stock. Merger Agreement WellCare Health Plans, Inc. Investor Relations Centene Corporation Investor Relations Update(s) June 24, 2019: Centene (CNC) and WellCare Health Plans (WCG) set June 24, 2019 as the date for a critical shareholder vote to approve their proposed $17.3 billion merger. |
+ | MBTF | 10/10/2018 | First Merchants Corporation (FRME) | All Stock | $290.9 million | $9.94 | $9.6 | 504,837 | 06/30/2019 | 3.55% | 216.24% |
MBT Financial Corporation merger details: Expected to close in the first quarter of 2018 for a closing value of $290.9 million in an all stock deal. Under the terms of the agreement, shareholders of MBTF will have the right to receive 0.275 shares of First Merchants common stock for each share of MBTF common stock owned. Merger Agreement MBT Financial Corp. Investor Relations First Merchants Corporation Investor Relations MBT Financial Corp. Investor Relations Update(s) February 14, 2019: Shareholders of MBT Financial (MBTF) approved the company’s merger with First Merchants Corporation (FRME) at a special meeting of shareholders. |
+ | ADSW | 04/15/2019 | Waste Management, Inc. (WM) | All Cash | $4.9 billion | $33.15 | $32.11 | 1,893,285 | 03/31/2020 | 3.24% | 4.21% |
Advanced Disposal Services, Inc. merger details: Expected to close in thefirst quarter of 2020 for a closing value of $4.9 billion. Upon completion of the merger, shareholders of Advanced Disposal Services will receive $33.15 per share in cash. Merger Agreement Advanced Disposal Services, Inc. Investor Relations Waste Management, Inc. Investor Relations |
+ | WBC | 03/28/2019 | ZF Friedrichshafen AG (N/A) | All Cash | $7.29 billion | $136.50 | $132.35 | 310,917 | 03/31/2020 | 3.14% | 4.07% |
WABCO Holdings Inc. merger details: Expected to close in early 2020 for a closing value of $7.29 billion. Upon completion of the merger, shareholders of WABCO Holdings will receive $136.50 per share in cash. Merger Agreement WABCO Holdings Inc. Investor Relations ZF Friedrichshafen AG Investor Relations Update(s) May 7, 2019: WABCO Holdings (WBC) announced that it had established a record date of May 17, 2019, and a special meeting date of June 27, 2019, for a meeting of its stockholders to vote on the Plan of Merger with ZF Friedrichshafen AG. |
+ | WP | 03/18/2019 | Fidelity National Information Services, Inc. (FIS) | Cash Plus Stock | $43 billion | $124.95 | $121.41 | 1,771,032 | 12/31/2019 | 2.92% | 5.60% |
Worldpay, Inc. merger details: Expected to close in the second half of 2019 for a closing value of $43 billion in a cash plus stock deal. Under the terms of the agreement, Worldpay shareholders will be entitled to receive 0.9287 FIS shares and $11.00 in cash for each share of Worldpay. Merger Agreement Worldpay, Inc. Investor Relations Fidelity National Information Services, Inc. Investor Relations Update(s) April 26, 2019: The Federal Trade Commission, granted early termination of the Hart-Scott-Rodino Act waiting period for the review of the deal agreed to by Fidelity National Information Services (FIS) and Worldpay (WP). The Federal Trade Commission, granted early termination of the Hart-Scott-Rodino Act waiting period for the review of the deal agr.eed to by Fidelity National Information Services (FIS) and Worldpay (WP).The Federal Trade Commission, granted early termination of the Hart-Scott-Rodino Act waiting period for the review of the deal agr.eed to by Fidelity National Information Services (FIS) and Worldpay (WP). |
+ | IMI | 05/06/2019 | Merck KGaA (N/A) | All Cash | $28.5 million | $1.20 | $1.17 | 27,922 | 12/31/2019 | 2.56% | 4.93% |
Intermolecular, Inc. merger details: Expected to close in the second half of 2019 for a closing value of $28.5 million. Upon completion of the merger, shareholders of Intermolecular will receive $1.20 per share in cash. Merger Agreement Intermolecular, Inc. Investor Relations |
+ | SSFN | 06/07/2019 | Columbia Financial, Inc. (CLBK) | All Cash | $271.02 million | $15.75 | $15.4 | 89,223 | 12/31/2019 | 2.27% | 4.37% |
Stewardship Financial Corporation merger details: Expected to close in the fourth quarter of 2019 for a closing value of $271.02 million. Upon completion of the merger, shareholders of Stewardship Financial Corporation will receive $15.75 per share in cash. Merger Agreement Stewardship Financial Corporation Investor Relations Columbia Financial, Inc. Investor Relations |
+ | VSM | 04/12/2019 | Merck KGaA (N/A) | All Cash | $6.4 billion | $53.00 | $51.85 | 1,240,725 | 12/31/2019 | 2.22% | 4.26% |
Versum Materials, Inc. merger details: Expected to close in the second half of 2019 for a closing value of $6.4 billion. Upon completion of the merger, shareholders of Versum Materials will receive $53.00 per share in cash. Merger Agreement Versum Materials, Inc. Investor Relations Merck KGaA Investor Relations Update(s) May 9, 2019: Versum Materials (VSM) announced that it will hold a special meeting of its stockholders on June 17, 2019. June 17, 2019: Versum Materials (VSM) announced that the stockholders of Versum have approved the merger with Merck KGaA, Darmstadt, Germany. |
+ | ENFC | 04/24/2019 | First Citizens BancShares, Inc. (FCNCA) | All Cash | $219.8 million | $30.18 | $29.67 | 15,001 | 12/31/2019 | 1.72% | 3.30% |
Entegra Financial Corp. merger details: Expected to close in the second half of 2019 for a closing value of $219.8 million. Upon completion of the merger, shareholders of Entegra Financial will receive $30.18 per share in cash. Merger Agreement Entegra Financial Corp. Investor Relations First Citizens BancShares, Inc. Investor Relations |
+ | AQ | 05/06/2019 | Marvell Technology Group Ltd. (MRVL) | All Cash | $452 million | $13.25 | $13.04 | 357,096 | 12/31/2019 | 1.61% | 3.09% |
Aquantia Corp. merger details: Expected to close by the end of calendar year 2019 for a closing value of $452 million. Upon completion of the merger, shareholders of Aquantia will receive $13.25 per share in cash. Aquantia Corp. Investor Relations Marvell Technology Group Ltd. Investor Relations |
+ | BPL | 05/10/2019 | IFM Global Infrastructure Fund (N/A) | All Cash | $10.3 billion | $41.50 | $40.85 | 1,189,130 | 12/31/2019 | 1.59% | 3.06% |
Buckeye Partners, L.P. merger details: Expected to close in the fourth quarter of 2019 for a closing value of $10.3 billion. Upon completion of the merger, shareholders of Buckeye Partners will receive $41.50 per share in cash. Buckeye Partners, L.P. Investor Relations |
+ | MDSO | 06/11/2019 | Dassault Systèmes (N/A) | All Cash | $5.8 billion | $92.25 | $90.88 | 1,224,500 | 12/31/2019 | 1.51% | 2.90% |
Medidata Solutions, Inc. merger details: Expected to close in the last quarter of 2019 for a closing value of $5.8 billion. Upon completion of the merger, shareholders of Medidata Solutions will receive $92.25 per share in cash. Medidata Solutions, Inc. Investor Relations |
+ | FDC | 01/16/2019 | Fiserv, Inc. (FISV) | All Stock | $22 billion | $27.72 | $27.33 | 2,529,189 | 12/31/2019 | 1.42% | 2.73% |
First Data Corporation merger details: Expected to close during the seond half of 2019 for a closing value of $22 billion in an all stock deal. Under the terms of the agreement, First Data shareholders will receive a fixed exchange ratio of 0.303 Fiserv shares for each share of First Data common stock they own. Merger Agreement First Data Corporation Investor Relations Fiserv, Inc. Investor Relations First Data Corporation Investor Relations Fiserv, Inc. Investor Relations |
+ | RHT | 10/28/2018 | IBM (IBM) | All Cash | $34 billion | $190.00 | $187.55 | 2,766,977 | 12/31/2019 | 1.31% | 2.51% |
Red Hat, Inc. merger details: Expected to close in the latter half of 2019 for a closing value of $34 billion. Upon completion of the merger, shareholders of Red Hat will receive $190 per share in cash. Merger Agreement Red Hat, Inc. Investor Relations International Business Machines Corporation Investor Relations Red Hat, Inc. Investor Relations International Business Machines Corporation Investor Relations Update(s) January 16, 2019: Red Hat (RHT) shareholders vote to approve the merger with IBM (IBM). May 6, 2019: IBM (IBM) was informed that the U.S. Department of Justice has concluded its review of IBM’s proposed acquisition of Red Hat (RHT) without remedies or conditions and received a notice of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. |
+ | DATA | 06/10/2019 | salesforce.com, inc. (CRM) | All Stock | $15.7 billion | $172.99 | $170.86 | 813,278 | 10/31/2019 | 1.25% | 3.53% |
Tableau Software, Inc. merger details: Expected to close during Salesforce’s fiscal third quarter ending October 31, 2019 for a closing value of $15.7 billion in an all stock deal. Under the terms if the agreement, each share of Tableau Class A and Class B common stock will be exchanged for 1.103 shares of Salesforce common stock. Tableau Software, Inc. Investor Relations |
+ | SFLY | 06/10/2019 | Funds Managed by Affiliates of Apollo Global Management (N/A) | All Cash | $2.7 billion | $51.00 | $50.4 | 783,550 | 10/31/2019 | 1.19% | 3.37% |
Shutterfly, Inc. merger details: Expected to close by early fourth quarter of 2019 for a closing value of $2.7 billion. Upon completion of the merger, shareholders of Shutterfly will receive $51.00 per share in cash. Merger Agreement Shutterfly, Inc. Investor Relations |
+ | TSS | 05/28/2019 | Global Payments Inc. (GPN) | All Stock | $21.5 billion | $130.46 | $128.93 | 1,374,535 | 12/31/2019 | 1.19% | 2.28% |
Total System Services, Inc. merger details: Expected to close in the fourth quarter of 2019 for a closing value of $21.5 billion in an all stock deal. Under the terms of the merger agreement, TSYS shareholders will receive 0.8101 Global Payments shares for each share of TSYS common stock. Total System Services, Inc. Investor Relations Global Payments Inc. Investor Relations |
+ | CRAY | 05/17/2019 | Hewlett Packard Enterprise (HPE) | All Cash | $1.3 billion | $35.00 | $34.62 | 474,164 | 01/31/2020 | 1.10% | 1.81% |
Cray Inc. merger details: Expected to close by the first quarter of HPE’s fiscal year 2020 for a closing value of $1.3 billion. Upon completion of the merger, shareholders of Cray will receive $35.00 per share in cash. Merger Agreement Cray Inc. Investor Relations Hewlett Packard Enterprise Company Investor Relations Cray Inc. Investor Relations Hewlett Packard Enterprise Company Investor Relations |
+ | LTXB | 06/17/2019 | Prosperity Bancshares, Inc. (PB) | Cash Plus Stock | $2.1 billion | $40.23 | $39.79 | 524,702 | 12/31/2019 | 1.09% | 2.10% |
LegacyTexas Financial Group, Inc. merger details: Expected to close in the fourth quarter of 2019 for a closing value of $2.1 billion in a cash plus stock deal. Under the terms of the merger agreement, stockholders of LegacyTexas will receive 0.5280 shares of Prosperity common stock and $6.28 cash for each LegacyTexas share. Merger Agreement LegacyTexas Financial Group, Inc. Investor Relations Prosperity Bancshares, Inc. Investor Relations |
+ | CTWS | 03/15/2018 | SJW Group (SJW) | All Cash | $1.06 billion | $70.00 | $69.26 | 28,614 | 06/30/2019 | 1.07% | 65.00% |
Connecticut Water Service, Inc. merger details: Expected to close by the end of the year 2018 for a closing value of $1.06 billion in an all stock deal. Under the terms of the agreement, Connecticut Water shareholders will receive 1.1375 shares of SJW Group common stock for each share of Connecticut Water common stock they own. Merger Agreement Connecticut Water Service, Inc. Investor Relations SJW Group Investor Relations Connecticut Water Service, Inc. Investor Relations SJW Group Investor Relations Update(s) April 19, 2018: Connecticut Water Service (CTWS) said it had rejected a $748 million takeover bid by Eversource Energy (ES), aimed at disrupting its merger with SJW Group (SJW) agreed in March. April 30, 2018: SJW Group (SJW) and Connecticut Water Service (CTWS) announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the companies’ merger of equals. May 31, 2018: Connecticut Water Service (CTWS) announced that it and SJW Group (SJW) have amended the terms of the companies’ merger agreement. The amended agreement, which was unanimously approved by the Connecticut Water Board of Directors, includes a new go-shop provision, pursuant to which Connecticut Water, with the assistance of its financial advisors, will actively solicit proposals for an alternative merger, acquisition or other strategic transaction involving Connecticut Water. June 11, 2018: According to Reuters, California’s utilities regulator has told SJW Group (SJW) it must seek approval for its proposed merger with Connecticut Water Service (CTWS). June 18, 2018: Connecticut Water Service (CTWS) announced that the deadline to submit non-binding indicative proposals under the Company’s previously announced “go-shop” process has expired and that no proposals or indications of interest were received. July 13, 2018: Connecticut Water Service (CTWS) announced that it recently received a revised acquisition proposal from Eversource Energy (ES) to acquire all of the outstanding shares of Connecticut Water common stock for $64.00 per share in cash. The Connecticut Water Service Board of Directors concluded that it is not a superior proposal as compared to the terms, value and benefits of the SJW Group (SJW) merger of equals. SJW Group also issued a statement to clarify the anticipated regulatory timeline to complete its merger with Connecticut Water Service. July 20, 2018: SJW Group (SJW) and Connecticut Water Service (CTWS) announced that on Wednesday, July 18, 2018 they submitted a new application for the approval of their merger of equals, with the Connecticut Public Utilities Regulatory Authority. August 6, 2018: SJW Group (SJW) and Connecticut Water Service (CTWS) announced that they have amended the terms of their previously announced merger agreement from a stock-for-stock transaction to an all-cash acquisition of all outstanding common shares of Connecticut Water by SJW Group for $70.00 per Connecticut Water common share. August 8, 2018: SJW Group (SJW) announced that members of the Moss family, stockholders who in aggregate own more than 31% of the company’s outstanding shares, have expressed support for the combination with Connecticut Water Service (CTWS) under the revised terms. October 15, 2018: Connecticut Water Service (CTWS) sent a letter to shareholders in connection with the previously announced transaction with SJW Group (SJW) stating that the Special Meeting of Connecticut Water Shareholders to vote on the transaction will be held on November 16, 2018. November 16, 2018: Connecticut Water Service (CTWS) announced that its shareholders overwhelmingly voted to approve the Company’s proposed merger agreement with SJW Group (SJW). December 3, 2018: Connecticut Water (CTWS) has received and is reviewing the proposed decision issued by the Connecticut Public Utilities Regulatory Authority (PURA) regarding the application to combine SJW Group (SJW) and CTWS. January 9, 2019: SJW Group (SJW) and Connecticut Water Service (CTWS) announced that they are continuing to evaluate their regulatory approach – including the possibility of submitting a new application to the Connecticut Public Utilities Regulatory Authority – in connection with their proposed merger. Pending this review, they have withdrawn their current application before PURA. January 22, 2019: SJW Group (SJW) and Connecticut Water Service (CTWS) the parent company of the Maine Water Company, announced, consistent with the companies’ previously announced evaluation of the regulatory approach in Connecticut for the proposed merger of SJW Group and CTWS, that Maine Water voluntarily requested to withdraw its application before the Maine Public Utilities Commission. April 3, 2019: SJW Group (SJW) and Connecticut Water Service (CTWS) announced that they have jointly filed a new application with the Connecticut Public Utilities Regulatory Authority (“PURA”) for approval of the merger of SJW Group and Connecticut Water. |
+ | STI | 02/07/2019 | BB&T Corporation (BBT) | All Stock | $66 billion | $62.98 | $62.33 | 2,863,049 | 12/31/2019 | 1.04% | 1.99% |
SunTrust Banks, Inc. merger details: Expected to close in the fourth quarter of 2019 for a closing value of $66 billion in an all stock deal. Under the terms of the merger agreement, SunTrust shareholders will receive 1.295 shares of BB&T for each SunTrust share they own. Merger Agreement SunTrust Banks, Inc. Investor Relations BB&T Corporation Investor Relations SunTrust Banks, Inc. Investor Relations BB&T Corporation Investor Relations Update(s) March 14, 2019: According to Reuters, the U.S. Federal Reserve said that it will hold two public hearings related to BB&T’s (BBT) proposal to acquire SunTrust Banks (STI). |
+ | AMID | 03/18/2019 | ArcLight Energy Partners Fund (N/A) | All Cash | $2.03 billion | $5.25 | $5.2 | 390,905 | 06/30/2019 | 0.96% | 58.49% |
American Midstream Partners, LP merger details: Expected to close in the second quarter of 2019 for a closing value of $2.03 billion. Upon completion of the merger, shareholders of American Midstream Partners will receive $5.25 per share in cash. Merger Agreement American Midstream Partners, LP Investor Relations |
+ | CJ | 06/17/2019 | Keane Group, Inc. (FRAC) | Cash Plus Stock | $666.6 million | $13.00 | $12.88 | 1,340,254 | 12/31/2019 | 0.92% | 1.77% |
C&J Energy Services, Inc. merger details: Expected to close in the fourth quarter of 2019 for a closing value of $666.6 million in an all stock deal. Under the terms of the agreement, C&J shareholders will receive 1.6149 shares of Keane common stock for each share of C&J common stock owned. The merger agreement permits C&J to pay its shareholders a cash dividend of $1.00 per share prior to closing. This is an all-stock deal but we are treating it as a cash plus stock deal because of the $1 per share pre-merger dividend. Merger Agreement C&J Energy Services, Inc. Investor Relations Keane Group, Inc. Investor Relations C&J Energy Services, Inc. Investor Relations Keane Group, Inc. Investor Relations |
+ | HFBC | 01/07/2019 | First Financial Corporation (THFF) | Special Conditions | $128.3 million | $20.05 | $19.87 | 5,738 | 06/30/2019 | 0.91% | 55.11% |
HopFed Bancorp, Inc. merger details: Expected to close in the second quarter of 2019 for a closing value of $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. Merger Agreement HopFed Bancorp, Inc. Investor Relations First Financial Corporation Investor Relations HopFed Bancorp, Inc. Investor Relations First Financial Corporation Investor Relations |
+ | TCF | 01/28/2019 | Chemical Financial Corporation (CHFC) | All Stock | $5 billion | $20.04 | $19.87 | 1,955,913 | 10/31/2019 | 0.88% | 2.49% |
TCF Financial Corporation merger details: Expected to close in the late third or early fourth quarter of 2019 for a closing value of $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. Merger Agreement TCF Financial Corporation Investor Relations Chemical Financial Corporation Investor Relations TCF Financial Corporation Investor Relations Chemical Financial Corporation Investor Relations Update(s) February 15, 2019: TCF Financial Corporation (TCF) announced its annual meeting of stockholders will be held on Wednesday, April 24, 2019. May 3, 2019: Chemical Financial Corporation (CHFC) and TCF Financial Corporation (TCF) jointly announced that each company will hold its special meeting of shareholders on June 7, 2019, for the companies’ respective shareholders to consider and vote on the proposals related to the definitive merger agreement. June 7, 2019: Chemical Financial Corporation (CHFC) and TCF Financial Corporation (TCF) jointly announced that each company’s shareholders approved the proposed merger of equals in which TCF will merge into Chemical. |
+ | BRSS | 04/10/2019 | Wieland-Werke AG (N/A) | All Cash | $1.2 billion | $44.00 | $43.67 | 151,660 | 12/31/2019 | 0.76% | 1.45% |
Global Brass and Copper Holdings, Inc. merger details: Expected to close in the second half of 2019 for a closing value of $1.2 billion. Upon completion of the merger, shareholders of Global Brass and Copper Holdings will receive $44.00 per share in cash. Global Brass and Copper Holdings, Inc. Investor Relations |
+ | ANDX | 05/08/2019 | MPLX LP (MPLX) | All Stock | $14.41 billion | $36.88 | $36.62 | 714,230 | 12/31/2019 | 0.70% | 1.34% |
Andeavor Logistics LP merger details: Expected to close in the second half of 2019 for a closing value of $14.41 billion in an all stock deal. Under the terms of the merger agreement, ANDX public unitholders will receive 1.135x MPLX common units for each ANDX common unit held and MPC will receive 1.0328 MPLX common units for each ANDX common unit held, representing a 2.4% discount. Merger Agreement Andeavor Logistics LP Investo Relations MPLX LP Investor Relations Andeavor Logistics LP Investor Relations MPLX LP Investor Relations |
+ | CTRL | 05/09/2019 | SnapAV (N/A) | All Cash | $680 million | $23.91 | $23.75 | 425,757 | 12/31/2019 | 0.67% | 1.29% |
Control4 Corporation merger details: Expected to close in the second half of 2019 for a closing value of $680 million. Upon completion of the merger, shareholders of Control4 Corporation will receive $23.91 per share in cash. Merger Agreement Control4 Corporation Investor Relations Merger Agreement Control4 Corporation Investor Relations |
+ | LEXEA | 04/16/2019 | Expedia Group, Inc. (EXPE) | All Stock | $19.4 billion | $46.97 | $46.74 | 244,437 | 06/30/2019 | 0.50% | 30.30% |
Liberty Expedia Holdings, Inc. merger details: Expected to close in the summer of 2019 for a closing vlaue of $19.4 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. Merger Agreement Liberty Expedia Holdings, Inc. Investor Relations Expedia Group, Inc. Investor Relations |
+ | ISCA | 05/22/2019 | NASCAR Holdings, Inc. (N/A) | All Cash | $2 billion | $45.00 | $44.78 | 174,392 | 12/31/2019 | 0.49% | 0.94% |
International Speedway Corporation merger details: Expected to close in the calendar year 2019 for a closing value of $2 billion. Upon completion of the merger, shareholders of International Speedway Corporation will receive $45.00 per share in cash. International Speedway Corporation Investor Relations |
+ | CELG | 01/03/2019 | Bristol-Myers Squibb Company (BMY) | Cash Plus Stock | $74 billion | $99.34 | $98.91 | 3,935,240 | 09/30/2019 | 0.43% | 1.62% |
Celgene Corporation merger details: Expected to close in the third quarter of 2019 for a closing value of $74 billion in a cash plus stock deal. Under the terms of the agreement, Celgene shareholders will receive 1.0 Bristol-Myers Squibb share and $50.00 in cash for each share of Celgene. Celgene shareholders will also receive one tradeable Contingent Value Right (CVR) for each share of Celgene, which will entitle the holder to receive a payment for the achievement of future regulatory milestones. Merger Agreement Celgene Corporation Investor Relations Bristol-Myers Squibb Company Investor Relations Celgene Corporation Investor Relations Bristol-Myers Squibb Company Investor Relations Update(s) February 1, 2019: Bristol-Myers Squibb (BMY) and Celgene (CELG) announced that BMS has filed the Form S-4 with the U.S. Securities and Exchange Commission. The filing also includes a tentative date of April 12, 2019 for the Celgene and Bristol-Myers Squibb shareholder meetings. February 20, 2019: Bristol-Myers Squibb (BMY) said that activist hedge fund Starboard Value LP intends to nominate five directors to the U.S. drugmaker’s board, one month after it announced a deal to acquire peer Celgene (CELG). February 28, 2019: According to Bloomberg, activist investor Starboard Value said it will vote against the record pharmaceutical merger of Bristol-Myers Squibb (BMY) and Celgene (CELG), launching a shareholder campaign that could gather dissidents who want to block the deal. March 6, 2019: Bristol-Myers Squibb (BMY) urged investors to support its purchase of Celgene (CELG) amid public resistance from top shareholders. March 25, 2019: Bristol-Myers Squibb (BMY) and Celgene (CELG) each received a request for additional information and documentary materials from the FTC in connection with the FTC’s review of the Merger. April 12, 2019: Bristol-Myers Squibb Company (BMY) announced that its shareholders voted to approve the issuance of shares of Bristol-Myers Squibb common stock in connection with the Company’s pending merger with Celgene Corporation (CELG) at the special meeting of stockholders. May 24, 2019: Bristol-Myers Squibb Company (BMY) announced the extension of the expiration date of the offers to exchange notes issued by Celgene Corporation (CELG) Bristol-Myers Squibb has extended the expiration date fromJune 3, 2019 to July 8, 2019. |
+ | DNBF | 06/05/2019 | S&T Bancorp, Inc. (STBA) | All Stock | $206 million | $45.26 | $45.1 | 25,162 | 12/31/2019 | 0.36% | 0.69% |
DNB Financial Corporation merger details: Expected to close in the fourth quarter of 2019 for a closing value of $206 million in an all stock deal. Under the terms of the agreement, DNB shareholders will receive 1.22 shares of S&T stock for each share of DNB stock. Merger Agreement DNB Financial Corporation Investor Relations S&T Bancorp, Inc. Investor Relations DNB Financial Corporation Investor Relations S&T Bancorp, Inc. Investor Relations |
+ | EFII | 04/15/2019 | an affiliate of Siris Capital Group, LLC (N/A) | All Cash | $1.7 billion | $37.00 | $36.88 | 233,021 | 09/30/2019 | 0.33% | 1.21% |
Electronics for Imaging, Inc. merger details: Expected to close in the third quarter of 2019 for a closing value of $1.7 billion. Upon completion of the merger, shareholders of Electronics for Imaging will receive $37.00 per share in cash. Merger Agreement Electronics for Imaging, Inc. Investor Relations Update(s) June 4, 2019: The Board of Directors of Electronics For Imaging (EFII) postponed its 2019 Annual Meeting of Stockholders in light of EFI’s proposed business merger with an affiliate of Siris Capital Group. The 2019 Annual Meeting of Stockholders was to have been held on June 6, 2019, but because the EFI Board of Directors anticipates that the transaction will close in the third quarter of 2019, the Board determined that the Annual Meeting should be postponed. |
+ | TRCO | 12/03/2018 | Nexstar Media Group, Inc. (NXST) | All Cash | $6.4 billion | $46.50 | $46.37 | 1,074,940 | 09/30/2019 | 0.28% | 1.04% |
Tribune Media Company merger details: Expected to close late in the third quarter of 2019 for a closing value of $6.4 billion. Upon completion of the merger, shareholders of Tribune Media will receive $46.50 per share in cash. Merger Agreement Tribune Media Company Investor Relations Nexstar Media Group, Inc. Investor Relations Tribune Media Company Investor Relations Nexstar Media Group, Inc. Investor Relations Update(s) March 5, 2019: Sinclair Broadcast Group, (SBGI) noted that the Federal Communications Commission released the decision of its Administrative Law Judge dismissing with prejudice the July 19, 2018 Hearing Designation Order related to Sinclair’s terminated acquisition of 100% of the issued and outstanding shares of Tribune Media Company (TRCO). March 12, 2019: Tribune Media Company (TRCO) announced that the stockholders of the Company voted overwhelmingly to approve the Company’s previously announced acquisition by Nexstar Media Group (NXST). |
+ | AMBR | 05/13/2019 | E2open (N/A) | All Cash | $425 million | $13.05 | $13.02 | 570,209 | 09/30/2019 | 0.23% | 0.86% |
Amber Road, Inc. merger details: Expected to close before the end of the third quarter of fiscal year 2019 for a closing value of $425 million. Upon completion of the merger, shareholders of Amber Road will receive $13.05 per share in cash. Merger Agreement Amber Road, Inc. Investor Relations the end of the third quarter of fiscal year 201of the third quarter of fiscal year 2019 |
+ | ISRL | 05/20/2019 | Naphtha Israel Petroleum Corporation Ltd. (N/A) | All Cash | $393.11 million | $121.40 | $121.15 | 856 | 12/31/2019 | 0.21% | 0.40% |
Isramco, Inc. merger details: Expected to close for a closing value of $393.11 million. Upon completion of the merger, shareholders of Isramco will receive $121.40 per share in cash. Merger Agreement |
+ | CHSP | 05/06/2019 | Park Hotels & Resorts Inc. (PK) | Cash Plus Stock | $2.7 billion | $28.72 | $28.68 | 420,366 | 11/15/2019 | 0.13% | 0.32% |
Chesapeake Lodging Trust merger details: Expected to close late in the third quarter or early in the fourth quarter of 2019 for a closing value of $2.7 billion in a cash plus stock deal. Under the terms of the merger agreement, Chesapeake shareholders will receive $11.00 in cash and 0.628 of a share of Park common stock for each Chesapeake share. Merger Agreement Chesapeake Lodging Trust Investor Relations Park Hotels & Resorts Inc. Investor Relations |
+ | HF | 03/19/2019 | Jones Lang LaSalle Incorporated (JLL) | Cash Plus Stock | $2 billion | $45.63 | $45.58 | 189,207 | 09/30/2019 | 0.11% | 0.43% |
HFF, Inc. merger details: Expected to close in the third quarter of 2019 for a closing value of $2 billion in a cash plus stock deal. Under the terms of the agreement, HFF shareholders will receive $24.63 in cash and 0.1505 JLL shares for each HFF share. Merger Agreement HFF, Inc. Investor Relations Jones Lang LaSalle Incorporated Investor Relations |
+ | LLL | 10/14/2018 | Harris Corporation (HRS) | All Stock | $18.42 billion | $256.39 | $256.23 | 651,522 | 06/29/2019 | 0.06% | 4.44% |
L3 Technologies, Inc. merger details: Expected to close in mid-calendar year 2019 for a closing value of $18.42 billion in an all stock deal. Under the terms of the agreement, L3 shareholders will receive a fixed exchange ratio of 1.30 shares of Harris common stock for each share of L3 common stock. Merger Agreement L3 Technologies, Inc. Investor Relations Harris Corporation Investor Relations Update(s) December 11, 2018: Harris Corporation (HRS) withdrew and re-filed its HSR Notification with respect to its merger with L3 Technologies (LLL) on December 11, 2018. The waiting period under the HSR Act currently is scheduled to expire on January 10, 2019. Harris and L3 continue to expect the Merger to close in mid-calendar year 2019. January 11, 2019: As part of the U.S. Department of Justice’s review of the Merger, L3 (LLL) and Harris (HRS) each received on January 10, 2019 a request for additional information and documentary materials from the DOJ, which extends the waiting period under the HSR Act until 30 days after both L3 and Harris have complied with the Second Request or such later time as the parties may agree with the DOJ, unless the waiting period is terminated earlier. L3 and Harris continue to expect the Merger to close in the previously announced timeframe of mid-calendar year 2019. February 26, 2019: L3 Technologies (LLL) announced that it has set a date for a special meeting of its stockholders to consider and vote on the proposed merger with Harris Corporation (HRS). The special meeting will be held on April 4, 2019. April 4, 2019: Harris Corporation (HRS) and L3 Technologies (LLL) announced that their stockholders voted to approve all stockholder proposals necessary to complete the merger of equals transaction to create L3 Harris Technologies, Inc. The merger is expected to close in mid-calendar year 2019. June 20, 2019: Harris Corp (HRS) and L3 Technologies (LLL) won U.S. antitrust approval for their merger. June 21, 2019: Harris Corp (HRS) won European Union approval for the acquisition of L3 Technologies (LLL) on the condition that Harris sells its night vision global business. June 21, 2019: Harris Corporation (HRS) and L3 Technologies (LLL) announced that they have received the necessary regulatory approvals for their all-stock merger and have set a closing date of June 29, 2019. Harris Corporation (HRS) withdrew and re-filed its HSR Notification with respect to its merger with L3 Technologies (LLL) on December 11, 2018. The waiting period under the HSR Act currently is scheduled to expire on January 10, 2019. Harris and L3 continue to expect the Merger to close in mid-calendar year 2019.Harris Corporation (HRS) withdrew and re-filed its HSR Notification with respect to its merger with L3 Technologies (LLL) on December 11, 2018. The waiting period under the HSR Act currently is scheduled to expire on January 10, 2019. Harris and L3 continue to expect the Merger to close in mid-calendar year 2019. |
+ | LABL | 02/25/2019 | affiliate of Platinum Equity LLC (N/A) | All Cash | $2.5 billion | $50.00 | $49.97 | 82,065 | 09/30/2019 | 0.06% | 0.22% |
Multi-Color Corporation merger details: Expected to close in the third quarter of 2019 for a closing value of $2.5 billion. Upon completion of the merger, shareholders of Multi-Color Corporation will receive $50.00 per share in cash. Merger Agreement Multi-Color Corporation Investor Relations Update(s) June 12, 2019: The European Commission approved, under the EU Merger Regulation, the acquisition of sole control over Multi-Color Corporation (LABL) by Platinum Equity Group. |
+ | EMCI | 05/09/2019 | Employers Mutual Casualty Company (N/A) | All Cash | $791 million | $36.00 | $36.02 | 11,103 | 12/31/2019 | -0.06% | -0.11% |
EMC Insurance Group Inc. merger details: Expected to close in the second half of 2019 for a closing value of $791 million. Upon completion of the merger, shareholders of EMC Insurance Group will receive $36.00 per share in cash. Merger Agreement EMC Insurance Group Inc. Investor Relations |
+ | MSL | 04/30/2019 | Hancock Whitney Corporation (HWC) | All Stock | $101.79 million | $11.59 | $11.6 | 58,601 | 09/30/2019 | -0.06% | -0.24% |
MidSouth Bancorp, Inc. merger details: Expected to close late in the third quarter of 2019 for a closing value of $101.79 million in an all stock deal. Under the terms of the agreement, each share of MidSouth Bancorp, Inc. common stock will convert to the right to receive 0.2952 shares of Hancock Whitney Corporation common stock. Merger Agreement MidSouth Bancorp, Inc. Investor Relations Hancock Whitney Corporation Investor Relations |
+ | LION | 12/17/2018 | Ameris Bancorp (ABCB) | All Stock | $750.7 million | $30.20 | $30.28 | 57,699 | 06/30/2019 | -0.26% | -16.07% |
Fidelity Southern Corporation merger details: Expected to close in the second quarter of 2019 for a closing value of $750.7 million in an all stock deal. Under the terms of the definitive merger agreement, each share of Fidelity common stock, including restricted shares, will be converted into the right to receive 0.80 shares of Ameris common stock. Merger Agreement Fidelity Southern Corporation Investor Relations Ameris Bancorp Investor Relations Fidelity Southern Corporation Investor Relations Ameris Bancorp Investor Relations Update(s) May 7, 2019: Ameris Bancorp (ABCB) and Fidelity Southern Corporation (LION) jointly announced that shareholders of both companies have voted to approve all proposals necessary to complete the merger of Fidelity with and into Ameris. The transaction is expected to close in the second quarter of 2019. |
+ | CZFC | 02/21/2019 | German American Bancorp, Inc. (GABC) | Cash Plus Stock | $69.51 million | $25.12 | $25.21 | 3,752 | 09/30/2019 | -0.37% | -1.38% |
Citizens First Corporation merger details: Expected to close in the third quarter of 2019 for a closing value of $69.51 million in a cash plus stock deal. Under terms of the definitive agreement, Citizens First common shareholders (excluding 401(k) shareholders) will receive a fixed exchange ratio of 0.6629 shares of German American common stock for each share of Citizens First in a tax free exchange, and a cash payment of $5.80 per Citizens First share. Shareholders who hold Citizens First common shares in the Citizens First Bank 401(k) Profit Sharing Plan will receive a cash payment equal to $5.80 plus the exchange ratio multiplied by the 20-day volume weighted average price of German American’s common shares on the second day prior to closing (provided that such average price will not be less than the closing price of German American’s common shares on the last trading day preceding the closing). Merger Agreement Citizens First Corporation Investor Relations German American Bancorp, Inc. Investor Relations Citizens First Corporation Investor Relations German American Bancorp, Inc. Investor Relations |
+ | PETX | 04/26/2019 | Elanco Animal Health Incorporated (ELAN) | All Stock | $245 million | $5.00 | $5.04 | 438,029 | 12/31/2019 | -0.88% | -1.70% |
Aratana Therapeutics, Inc. merger details: Expected to close for a closing value of $245 million in an all stock deal. Under the terms of the agreement, upon the closing of the transaction, Aratana stockholders will receive 0.1481 share of Elanco common stock and one contingent value right (CVR) for each share of Aratana common stock. The CVR of $0.25 in cash per Aratana share shall be granted to Aratana stockholders as of the closing date and paid if capromorelin achieves certain sales levels on or before the end of 2021. Elanco Animal Health Incorporated Investor Relations Merger Agreement Aratana Therapeutics, Inc. Investor Relations Elanco Animal Health Incorporated Investor Relations |
+ | SXCP | 02/05/2019 | SunCoke Energy, Inc. (SXC) | All Stock | $1.52 billion | $11.51 | $11.72 | 310,886 | 08/31/2019 | -1.81% | -9.71% |
SunCoke Energy Partners, L.P. merger details: Expected to close late in the second quarter or early in the third quarter of 2019 for a closing value of $1.52 billion in an all stock deal. Under the terms of the merger agreement, SXCP unaffiliated common unitholders will receive 1.40 SXC common shares for each SXCP common unit. Merger Agreement SunCoke Energy Partners, L.P. Investor Relations SunCoke Energy, Inc. Investor Relations |
+ | APU | 04/02/2019 | UGI Corporation (UGI) | Cash Plus Stock | $6.66 billion | $34.56 | $35.33 | 495,699 | 09/30/2019 | -2.19% | -8.17% |
AmeriGas Partners, L.P. merger details: Expected to close in the fourth quarter of fiscal 2019 for a closing value of $6.66 billion in a cash plus stock deal. Under the terms of the agreement, AmeriGas unitholders will receive 0.50 shares of UGI common stock plus $7.63 in cash consideration for each common unit of AmeriGas. Merger Agreement AmeriGas Partners, L.P. Investor Relations UGI Corporation Investor Relations |
+ | BID | 06/17/2019 | BidFair USA (N/A) | All Cash | $3.7 billion | $57.00 | $58.92 | 3,229,495 | 12/31/2019 | -3.26% | -6.26% |
Sotheby’s merger details: Expected to close in the fourth quarter of 2019 for a closing value of $3.7 billion. Upon completion of the merger, shareholders of Sotheby’s will receive $57.00 per share in cash. Merger Agreement Sotheby’s Investor Relations |
+ | BKS | 06/07/2019 | funds advised by Elliott Advisors (UK) Limited (N/A) | All Cash | $683 million | $6.50 | $6.8 | 1,620,840 | 09/30/2019 | -4.41% | -16.43% |
Barnes & Noble, Inc. merger details: Expected to close in the third quarter of 2019 for a closing value of $683 million. Upon completion of the merger, shareholders of Barnes & Noble will receive $6.50 per share in cash. The transaction is trading at a small premium to the deal price of $6.50 because one more dividend of 15 cents is payable on August 2, 2019 to stockholders of record at the close of business on July 5, 2019. Merger Agreement Barnes & Noble, Inc. Investor Relations Update(s) June 10, 2019: Book distribution company Readerlink LLC is working towards making a bid for Barnes & Nobles Inc (BKS) that would top hedge fund Elliott Management Corp’s agreed price to buy the U.S bookseller |
+ | SHOS | 06/03/2019 | Transform Holdco LLC (N/A) | All Cash | $171.74 million | $2.25 | $2.56 | 45,297 | 11/02/2019 | -12.11% | -33.74% |
Sears Hometown and Outlet Stores, Inc. merger details: Expected to close in Sears Hometown’s third quarter of 2019 for a closing value of $171.74 million. Upon completion of the merger, shareholders of Sears Hometown and Outlet Stores will receive $2.25 per share in cash. The deal requires SHOS to sell Sears Outlet and Buddy’s Home Furnishing Stores businesses to a third party for not less than $97.5 million. If the sale price exceeds $97.5 million, the $2.25 per share base price will be revised higher. Transform Holdco is an entity controlled by Eddie Lampert’s ESL Investments and other affiliates. Merger Agreement Sears Hometown and Outlet Stores, Inc. Investor Relations |