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Merger Arbitrage Mondays – The Ghost of TheStreet Sells Itself

  • June 17, 2019

Merger activity decreased last week with four 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 were three new deals announced in the Deals in the Works section.

Deal Statistics:

New Deals:

  1. The acquisition of Tableau Software (DATA) by salesforce.com (CRM) for $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.
  2. The acquisition of Shutterfly (SFLY) by funds managed by affiliates of Apollo Global Management for $2.7 billion or $51.00 per share in cash.
  3. The acquisition of Medidata Solutions (MDSO) by Dassault Systèmes for $5.8 billion or $92.25 per share in cash.

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