Merger activity remained unchanged with three new deals announced and one deal 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 no new deals announced in the Deals in the Works section.
Deal Statistics:
Total Number of Deals Closed in 2019 | 176 |
Total Number of Deals Not Completed in 2019 | 9 |
Total Number of Pending Deals | |
Cash Deals | 45 |
Stock Deals | 19 |
Stock & Cash Deals | 6 |
Special Conditions | 5 |
Total Number of Pending Deals | 75 |
Aggregate Deal Consideration | $1.31 trillion |
New Deals:
Deal Updates:
Closed Deals:
Top 10 deals with largest spreads:
Symbol | Announced Date | Acquiring Company | Closing Price | Last Price | Closing Date | Profit | Annualized Profit |
---|---|---|---|---|---|---|---|
PACB | 11/01/2018 | Illumina, Inc. (ILMN) | $8.00 | $5.14 | 03/31/2020 | 55.64% | 169.24% |
GNW | 10/23/2016 | China Oceanwide Holdings Group Co., Ltd. (N/A) | $5.43 | $3.96 | 12/31/2019 | 37.12% | 467.22% |
S | 04/29/2018 | T-Mobile US, Inc. (TMUS) | $8.06 | $5.92 | 01/31/2020 | 36.08% | 219.50% |
ABDC | 08/13/2019 | Crescent Capital BDC, Inc. (N/A) | $11.02 | $9 | 12/31/2019 | 22.44% | 282.49% |
OHAI | 08/01/2019 | Portman Ridge Finance Corporation (PTMN) | $1.46 | $1.29 | 12/31/2019 | 13.18% | 165.86% |
MLNX | 03/11/2019 | NVIDIA Corporation (NVDA) | $125.00 | $114.9 | 03/31/2020 | 8.79% | 26.74% |
SORL | 11/29/2019 | Ruili International Inc. (N/A) | $4.72 | $4.42 | 06/30/2020 | 6.79% | 11.74% |
AGN | 06/25/2019 | AbbVie Inc. (ABBV) | $196.27 | $184.94 | 03/31/2020 | 6.13% | 18.64% |
TSG | 10/02/2019 | Flutter Entertainment PLC (PDYPF) | $25.74 | $24.29 | 09/30/2020 | 5.97% | 7.19% |
FIT | 11/01/2019 | Google LLC (N/A) | $7.35 | $6.96 | 06/30/2020 | 5.60% | 9.69% |
List of all pending deals:
Disclaimer: I hold long positions in Sprint (S), Mellanox Technologies (MLNX) and Pacific Biosciences of California (PACB). Please do your own due diligence before buying or selling any securities mentioned in this article. We do not warrant the completeness or accuracy of the content or data provided in this article.
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