Expected to close in the fourth quarter of 2019 for a closing value of $318 million. Upon completion of the merger, shareholders of Condor Hospitality Trust will receive $11.10 per share in cash.

Merger Agreement

Condor Hospitality Trust, Inc. Investor Relations

Update(s)

July 26, 2019: NexPoint Hospitality Trust announced that the special meeting of stockholders of the company in connection with the previously announced acquisition of Condor Hospitality Trust (CDOR) will be held on August 30, 2019.

September 23, 2019: Condor Hospitality Trust (CDOR) announced that its shareholders approved the proposed acquisition by merger of Condor by NHT Operating Partnership.

December 17, 2019: Condor Hospitality Trust (CDOR) and NexPoint Hospitality Trust have agreed to close the Merger on January 31, 2020, subject to the satisfaction or waiver of certain remaining closing conditions.

January 31, 2020: Condor Hospitality Trust (CDOR) provided an update on the previously announced acquisition by merger of the Company by NexPoint Hospitality Trust. NHT and the Company have agreed to extend the closing of the Merger to February 28, 2020, subject to further possible extension to March 16, 2020 and the satisfaction or waiver of certain remaining closing date conditions.

March 16, 2020: NexPoint said that Condor Hospitality Trust (CDOR) has accepted its request for an extension of time to close the deal from March 16, 2020 to March 23, 2020.

March 24, 2020: Condor Hospitality Trust (CDOR) provided an update on the previously announced acquisition by merger of the Company by NexPoint Hospitality Trust. Closing of the acquisition did not occur on March 23, 2020, as extended to such date at the request of NHT pursuant to a previously announced amendment to the merger agreement. The Company is in discussions with NHT concerning the closing of the acquisition, and the Company is also reviewing its options and reserves all rights under the merger agreement. We have extended the closing date for this deal to June 30, 2020.

Expected to close in the first half of calendar year 2020 for a closing value of $819.29 million. Upon completion of the merger, shareholders of Stein Mart will receive $0.90 per share in cash.

Merger Agreement

Stein Mart, Inc. Investor Relations

Update(s)

March 18, 2020: In response to the coronavirus (COVID-19) outbreak, Stein Mart (SMRT) announced that it will temporarily close all stores from March 18, through March 31, 2020.

Expected to close in the fourth quarter of 2019 for a closing value of $239 million in an all stock deal. Under the terms of the agreement, each ordinary share of Yatra will be entitled to receive 0.005 shares of a new class of preferred stock of Ebix. Each share of Ebix Convertible Preferred Stock received for each Yatra Ordinary Share will, in turn, be convertible into 20 shares of common stock of Ebix. We are using 0.1 as the conversion ratio.

Merger Agreement

Yatra Online, Inc. Investor Relations

Ebix, Inc. Investor Relations

Update(s)

January 3, 2020: Since this deal has not yet been completed, we have extended the closing date to March 31, 2020.

Expected to close in the second quarter of 2020 for a closing value of $67 million in an all stock deal. Under the terms of the agreement, Neon shareholders will receive 0.063 American Depositary Shares (ADS) (each ADS representing one ordinary share of BioNTech) in exchange for each of their shares of Neon.

Merger Agreement

Neon Therapeutics, Inc. Investor Relations

BioNTech SE Investor Relations

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.

July 1, 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 June 30, 2019 to November 30, 2019 in consideration of pending regulatory reviews.

July 25, 2019: Genworth (GNW) has taken the first steps in the sale process of at least the majority of its holding in Genworth MI Canada (MIC CN) which will obviate the requirement to get Canadian regulatory clearance for its own acquistion by China Oceanwide.

August 13, 2019: Genworth Financial (GNW) and Brookfield Business Partners (BBU) announced an agreement for Brookfield Business Partners to purchase Genworth’s majority interest in Genworth MI Canada. In connection with Oceanwide’s consent to the Transaction, Genworth and Oceanwide entered into the 12th Waiver and Agreement extending the merger agreement deadline to not later than December 31, 2019.

October 22, 2019: Genworth Financial (GNW) announced it received feedback from Canadian regulators with respect to the transaction pursuant to which Brookfield Business Partners has agreed to purchase Genworth’s majority interest in Genworth MI Canada. Discussions with the Canadian regulators with respect to the acquisition of Genworth by China Oceanwide Holdings Group were focused on national security matters, including data protection and the safeguarding of our customers’ information.

December 9, 2019: Genworth Financial (GNW) and Brookfield Business Partners (BBU) announced that Brookfield Business Partners together with its institutional partners has received approval under the Insurance Companies Act (Canada) to purchase Genworth’s majority interest in Genworth MI Canada.  With the receipt of this approval, all regulatory approvals required for the completion of this transaction have now been obtained.  The parties expect to complete the Genworth Canada transaction on December 12, 2019.

December 12, 2019: Genworth Financial (GNW) announced the closing of the sale of its majority stake in Genworth MI Canada to Brookfield Business Partners (BBU).

December 23, 2019: Genworth Financial (GNW) and China Oceanwide Holdings Group announced they have agreed to a 13th waiver and agreement of each party’s right to terminate the previously announced merger agreement. The 13th waiver and agreement extends the previous deadline of December 31, 2019 to no later than March 31, 2020.

March 2, 2020: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that they have agreed in principle with the New York State Department of Financial Services (NYDFS) on conditions that are expected to facilitate a reapproval by the NYDFS of the proposed acquisition of control by Oceanwide of Genworth’s New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY). Genworth and Oceanwide are targeting closing the transaction on or about March 31, 2020.

March 16, 2020: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that Oceanwide has submitted supplemental materials to the New York State Department of Financial Services (NYDFS) and other U.S. insurance regulators to document the conditions that are expected to facilitate a reapproval by the NYDFS of the proposed acquisition of control by Oceanwide of Genworth’s New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY).

March 24, 2020: Genworth Financial (GNW) and China Oceanwide Holdings Group announced that the New York State Department of Financial Services (NYDFS) has reapproved the proposed acquisition of control by Oceanwide of Genworth’s New York-domiciled insurance company, Genworth Life Insurance Company of New York (GLICNY).

Expected to close in the middle of 2020 for a closing value of $2.1 billion. Upon completion of the merger, shareholders of Central European Media Enterprises will receive $4.58 per share in cash.

Central European Media Enterprises Ltd. Investor Relations

February 27, 2020: Shareholders of Central European Media Enterprises (CETV) approved the acquisition of the company by Czech investment group PPF, although a U.S. senator has asked authorities to review the deal.

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 agreement, Eldorado will acquire all of the outstanding shares of Caesars for a total value of $12.75 per share, consisting of $8.40 per share in cash consideration and 0.0899 shares of Eldorado common stock for each Caesars share of common stock.

Merger Agreement

Caesars Entertainment Corporation Investor Relations

Eldorado Resorts, Inc. Investor Relations

Update(s)

November 15, 2019: Eldorado Resorts (ERI) and Caesars Entertainment Corporation (CZR) announced that their respective stockholders approved certain actions in connection with Eldorado’s acquisition of Caesars.

December 5, 2019: Eldorado Resorts (ERI) announced that, the Company received approval from the Missouri Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (CZR), subject to customary conditions.

January 16, 2020: Eldorado Resorts (ERI) announced that the Company received approval from the Louisiana Gaming Control Board in connection with its pending acquisition of Caesars Entertainment Corporation (CZR).

February 27, 2020: Eldorado Resorts (ERI) announced that the Company received approval from the Maryland State Lottery & Gaming Control Agency in connection with its pending acquisition of Caesars Entertainment Corporation (CZR) subject to customary conditions.

March 17, 2020: Caesars Entertainment Corporation (CZR) announced that it will temporarily shut down its owned properties in North America, consistent with directives from various government bodies.

Expected to close in the second quarter of 2020 for a closing value of $34.7 million in an all stock deal. Under the terms of the merger agreement, FSB stockholders will have the right to receive at their election either 0.4394 shares of Evans common stock or $17.80 in cash for each share of FSB common stock, subject to possible adjustment and 50/50 proration.

FSB Bancorp, Inc. Investor Relations

Evans Bancorp, Inc. Investor Relations

Expected to close in the second or third quarter of 2020 for a closing value of $2.7 billion in a cash or stock deal. Under the terms of the agreement, holders of F&G’s ordinary shares (other than FNF and its subsidiaries) may elect to receive either (i) $12.50 per share in cash or (ii) 0.2558 of a share of FNF common stock for each ordinary share of F&G they own.

Merger Agreement

FGL Holdings Investor Relations

Fidelity National Financial, Inc. Investor Relations

Update(s)

March 19, 2020: FGL Holdings (FG) announced the expiration of the 40-day “go-shop period” provided for under the terms of the previously announced definitive merger agreement, pursuant to which F&G will be acquired by Fidelity National Financial (FNF).

Expected to close in the second quarter of 2020 for a closing value of $7.93 billion. Upon completion of the merger, shareholders of Tallgrass Energy will receive $22.45 per share in cash.

Merger Agreement

Tallgrass Energy, LP Investor Relations

Update(s)

March 2, 2020: Tallgrass Energy (TGE) announced that a special meeting of shareholders of TGE will be held on April 16, 2020 to consider and vote upon a proposal to approve the Agreement and Plan of Merger.

Expected to close by mid-2020 for a closing value of $656 million. Under the terms of the agreement, Pope Resources unitholders will have the right to elect to receive (i) 3.929 common shares of Rayonier, (ii) 3.929 units of Rayonier Operating Partnership LP, or (iii) $125 in cash in exchange for each unit of Pope Resources, subject to a proration mechanism as described below. Based on Rayonier’s 10-day volume-weighted average price, the transaction values Pope Resources’ limited partnership equity at $554 million, or $126.91 per unit (assuming 70% of the Pope Resources units are exchanged for equity consideration and 30% are exchanged for cash consideration). Pursuant to the terms of the agreement, elections will be subject to proration to ensure that the aggregate amount of cash, on the one hand, and Rayonier common stock and Rayonier operating partnership units, on the other hand, that are issued in the merger would be equal to the amounts issued as if every Pope Resources unit received 2.751 Rayonier common shares or Rayonier operating partnership units and $37.50 in cash. If elections for the Rayonier common shares and Rayonier operating partnership units are oversubscribed, then to reduce the effect of such proration Rayonier may, in its discretion, add additional equity (and decrease the amount of cash) payable to the Pope Resources unitholders making such elections.

Merger Agreement

Pope Resources Investor Relations

Rayonier Inc. Investor Relations

February 26, 2020: The Federal Trade Commission (FTC) granted early termination of the required waiting period under the Hart-Scott-Rodino Act with respect to the acquisition of Pope Resources (POPE) by Rayonier (RYN).

Expected to close for a closing value of $76 million. Upon completion of the merger, shareholders of Correvio Pharma will receive $0.42 per share in cash. The deal also includes one contingent value right (CVR), which would entitle the holders to receive aggregate payments of up to $12.5 million for the achievement of future XERAVA™ net sales milestones starting in 2021.

Correvio Pharma Corp. Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $351.05 million. Upon completion of the merger, shareholders of SORL Auto Parts will receive $4.72 per share in cash.

SORL Auto Parts, Inc.  Investor Relations

Update(s)

March 24, 2020: The Board of Directors of SORL Auto Parts (SORL) resolved to hold the special meeting of the Company’s stockholders ‎at on May 8, 2020.

Expected to close late in Comtech’s fiscal year 2020 or the first part of its fiscal 2021 for a closing value of $532.5 million in a cash plus stock deal. Under the terms of the agreement, Gilat shareholders will receive total consideration of $10.25 per share, comprised of $7.18 per share in cash and 0.08425 of a share of Comtech common stock for each share of Gilat held.

Gilat Satellite Networks Ltd. Investor Relations

Comtech Telecommunications Corp. Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $122 million in an all stock deal. Under the terms of the agreement, each share of Wellesley common stock will be exchanged for 0.580 shares of Cambridge common stock.

Merger Agreement

Wellesley Bancorp, Inc. Investor Relations

Cambridge Bancorp Investor Relations

Expected to close in the second or third quarter of 2020 for a closing value of $4.5 billion in an all stock deal.

Under the terms of the agreement, each share of Anixter common stock will be converted into the right to receive $70.00 in cash, 0.2397 shares of WESCO common stock, and preferred stock consideration consisting of 0.6356 depositary shares, each whole share representing a fractional interest in a newly created series of WESCO perpetual preferred stock.

The common stock consideration is subject to downside protection, such that if the average market value of WESCO common stock prior to closing is between $47.10 per share and $58.88 per share, then the cash consideration paid at closing will be increased commensurately by up to $2.82 per share, such that the reduction in value of the WESCO common stock is offset by an increase in the cash consideration within that range. $2.82 per share will also be paid if the value of WESCO stock is below $47.10.

The preferred stock consideration consists of 0.6356 depositary shares, with each whole depositary share representing a 1/1,000th interest in a share of WESCO Series A cumulative perpetual preferred stock, with a liquidation preference of $25,000 per preferred share and a fixed dividend rate calculated based on a spread of 325 basis points over the prevailing unsecured notes to be issued to effect the transaction (the dividend rate of the Series A preferred stock is expected to be approximately 9.25%). The fixed dividend rate will be subject to reset and the Series A preferred stock will have a five year non-call feature. WESCO has agreed to list the depositary shares representing the newly created series of preferred stock on the New York Stock Exchange, and the security is expected to receive equity treatment from the rating agencies. The 0.6356 depositary share to be issued in the merger per share of Anixter common stock is valued at $15.89 based on the liquidation preference of the underlying interest in the Series A preferred stock represented thereby.

Under the terms of the merger agreement, WESCO may elect to substitute additional cash consideration to reduce the amount of the preferred stock consideration on a dollar-for-dollar basis based on the value of the liquidation preference of the preferred stock consideration.

Since the common stock and preferred stock considerations are subject to adjustments based on conditions mentioned above, we are adding this as a ‘special conditions’ deal using $100 as the closing price.

Merger Agreement

Anixter International Inc. Investor Relations

WESCO International, Inc. Investor Relations

Update(s)

February 19, 2020: Anixter International (AXE) announced that it will hold a special meeting of its stockholders on April 9, 2020.

Expected to close in 2020 for a closing value of $2.1 billion. Upon completion of the merger, shareholders of Fitbit will receive $7.35 per share in cash.

Merger Agreement

Fitbit, Inc. Investor Relations

Alphabet Inc. Investor Relations

Update(s)

December 10, 2019: According to Reuters, the U.S. Justice Department will review plans by Alphabet owned (GOOGL) Google to buy fitness tracker maker Fitbit (FIT) for possible antitrust issues.

January 6, 2020: Shareholders of Fitbit (FIT) approved the company’s merger with Google LLC at a special meeting of shareholders.

Expected to close in the second or third quarter of 2020 for a closing value of $12.25 billion in an all stock deal. Under the terms of the agreement, TSG Shareholders will be entitled to receive 0.2253 New Flutter Shares in exchange for each TSG Share.

The Stars Group Inc. Investor Relations

Flutter Entertainment PLC Investor Relations

Update(s)

March 27, 2020: The Stars Group (TSG) announced that its special meeting of shareholders to approve the proposed all-share combination with Flutter Entertainment will be held on Friday, April 24, 2020.

Expected to close in the second half of 2020 for a closing value of $1.8 billion. Upon completion of the merger, shareholders of KEMET Corporation will receive $27.20 per share in cash.

Merger Agreement

KEMET Corporation Investor Relations

Update(s)

February 4, 2020: KEMET Corporation (KEM) announced the expiration of the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) in connection with the previously announced acquisition of KEMET by Yageo Corporation.

February 20, 2020: KEMET Corporation (KEM) announced that its stockholders have voted to approve the proposed acquisition by Yageo Corporation.

March 11, 2020: KEMET Corporation (KEM) announced that the Committee on Foreign Investment in the United States (CFIUS) has notified the Company that it will continue its evaluation of the previously announced acquisition of KEMET by Yageo Corporation with a 45-day investigation period.

Expected to close by mid-2020 for a closing value of $8.79 billion. Upon completion of the merger, shareholders of Taubman Centers will receive $52.50 per share in cash.

Merger Agreement

Taubman Centers, Inc. Investor Relations

Simon Property Group, Inc. Investor Relations

Expected to close in the second half of 2020 for a closing value of $500 million. Upon completion of the merger, shareholders of The Meet Group will receive $6.30 per share in cash.

Merger Agreement

The Meet Group, Inc. Investor Relations

Expected to close in the third quarter of 2020 for a closing value of $500 million. Upon completion of the merger, shareholders of Adesto Technologies Corporation will receive $12.55 per share in cash.

Merger Agreement

Adesto Technologies Corporation Investor Relations

Dialog Semiconductor Plc Investor Relations

Expected to close in 2020 for a closing value of approximately $321 million. Upon completion of the merger, shareholders of Craft Brew Alliance will receive $16.50 per share in cash.

Merger Agreement

Craft Brew Alliance, Inc. Investor Relations

Anheuser-Busch Investor Relations

Update(s)

February 5, 2020: Craft Brew Alliance (BREW) and Anheuser-Busch Companies each received a request for additional information and documentary materials (the “Second Request”) from the DOJ in connection with the DOJ’s review of the Merger.

February 25, 2020: Craft Brew Alliance (BREW) announced that its shareholders voted at a special meeting of shareholders to adopt the agreement.

Expected to close in the first half of calendar year 2020 for a closing value of $5.4 billion. Upon completion of the merger, shareholders of Tech Data Corporation will receive $130 per share in cash.

Merger Agreement

Tech Data Corporation Investor Relations

Update(s)

November 27, 2019: Tech Data (TECD) announced that it has entered into an amendment to its previously announced definitive agreement with Apollo Global Management (APO). The Amendment provides that the consideration to be received by holders of Tech Data common stock has been increased to $145 per share in cash from $130 per share in cash, among certain other changes.

January 7, 2020: Tech Data Corporation (TECD) announced that it will hold a special meeting of its stockholders on February 12, 2020.

February 12, 2020: Shareholders of Tech Data Corporation (TECD) approved the company’s merger with Apollo Global Management (APO) at a special meeting of shareholders.

Expected to close in the third quarter of 2020 for a closing value of $208.9 million in an all stock deal. Under the terms of the agreement, the exchange ratio will be fixed at 1.357 Provident shares for each share of SB One.

SB One Bancorp Investor Relations

Provident Financial Services, Inc. Investor Relations

Expected to close in the second half of 2020 for a closing value of $3.3 billion in an all stock deal. Under the terms of the agreement Delphi Technologies stockholders would receive a fixed exchange ratio of 0.4534 shares of BorgWarner common stock per Delphi Technologies share.

Merger Agreement

Delphi Technologies PLC Investor Relations

BorgWarner Inc. Investor Relations

Expected to close by mid-2020 for a closing value of approximately $3 billion in an all stock deal. Under the terms of the merger agreement, Texas Capital shareholders will receive 1.0311 shares of Independent Bank Group for each Texas Capital share they own.

Merger Agreement

Texas Capital Bancshares, Inc. Investor Relations

Independent Bank Group, Inc. Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $299.19 million. Under the terms of the Agreement, Purchaser will promptly commence a tender offer to acquire all the outstanding Class A Ordinary Shares of the Company not owned by Purchaser at a price of $2.0 per Share or $20.0 per ADS in cash, without interest and less $0.05 per ADS cancellation fees, $0.02 per ADS depositary service fees.

Jumei International Holding Limited Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $2.3 billion. Upon completion of the merger, shareholders of Front Yard Residential Corporation will receive $12.50 per share in cash.

Merger Agreement

Front Yard Residential Corporation Investor Relations

Expected to close by mid-2020 for a closing value of $236 million. Upon completion of the merger, shareholders of GAIN Capital Holdings will receive $6.00 per share in cash.

Merger Agreement

GAIN Capital Holdings, Inc. Investor Relations

INTL FCStone Inc. Investor Relations

Expected to be completed in the first half of 2021 for a closing value of $11.5 billion. Upon completion of the merger, shareholders of QIAGEN will receive 39 euros per share in cash.

QIAGEN N.V. Investor Relations

Thermo Fisher Scientific Inc. Investor Relations

Expected to close in the first half of 2021 for a closing value of $34.45 billion in an all stock deal. Under the terms of the agreement, each WTW Shareholder will receive 1.08 New Aon Ireland Shares for each WTW Share (subject to any adjustment under Section 2.1(d)(v) of the Business Combination Agreement).

Merger Agreement

Willis Towers Watson Public Limited Company Investor Relations

Aon plc Investor Relations

Expected to close in the second half of 2020 for a closing value of $5.4 billion. Upon completion of the merger, shareholders of Wright Medical Group will receive $30.75 per share in cash.

Merger Agreement

Wright Medical Group N.V. Investor Relations

Stryker Corporation Investor Relations

Update(s)

January 3, 2020: According to an sec filing, Stryker’s (SYK) proposed merger with Wright Medical (WMGI) is facing additional scrutiny from the Federal Trade Commission.

February 26, 2020: Stryker (SYK) announced that it has extended the offering period of its previously announced cash tender offer for all outstanding ordinary shares of Wright Medical Group (WMGI) from February 27, 2020 until April 30, 2020.

Expected to close by mid 2020 for a closing value of $16.2 billion. Upon completion of the merger, shareholders of Tiffany will receive $135 per share in cash.

Merger Agreement

Tiffany & Co. Investor Relations

LVMH Moet Hennessy – Louis Vuitton, Societe Europeenne Investor Relations

Update(s)

December 31, 2019: Tiffany (TIF) announced that it will hold a special meeting of its stockholders on February 4, 2020.

February 4, 2020: Tiffany (TIF) announced that at a special meeting of its stockholders, the Company’s stockholders voted to approve the adoption of the previously announced Agreement and Plan of Merger.

March 20, 2020: Tiffany & Co (TIF) pointed to a significant hit to results this year as it temporarily closed stores around the world, and said it had lost about half of its operating days in mainland China since the coronavirus outbreak.

Expected to close early in 2020 for a closing value of $63 billion in a cash plus stock deal. Under the terms of the agreement, Allergan Shareholders will receive 0.8660 AbbVie Shares and $120.30 in cash for each Allergan Share that they hold.

Merger Agreement

Allergan plc Investor Relations

AbbVie Inc. Investor Relations

Update(s)

September 10, 2019: Allergan (AGN) announced that following a hearing before the Irish High Court it has scheduled shareholder meetings for Monday, October 14, 2019, in connection with the proposed acquisition of Allergan by AbbVie (ABBV).

September 13, 2019: According to Reuters, about a dozen advocacy groups and unions, including Public Citizen and the American Federation of Teachers, wrote the Federal Trade Commission urging it to consider blocking drugmaker AbbVie’s (ABBV) planned purchase of Allergan (AGN).

September 27, 2019: Allergan (AGN) announced that, as expected, Allergan and AbbVie (ABBV) have each received a Request for Additional Information and Documentary Material (Second Request) from the U.S. Federal Trade Commission (FTC) in connection with AbbVie’s pending acquisition of Allergan.

October 15, 2019: Allergan (AGN) announced that its shareholders have voted to approve the previously announced proposed acquisition of Allergan by AbbVie (ABBV).

January 10, 2020: The European Commission approved, under the EU Merger Regulation, the proposed acquisition of Allergan (AGN) by AbbVie (ABBV).

January 28, 2020: Allergan (AGN) along with AbbVie (ABBV) announced a definitive agreement to divest Allergan’s mid-stage candidate brazikumab and marketed drug, Zenpep to UK-based AstraZeneca AZN and Swiss consumer giant Nestle, respectively. The divestment deals were made in relation to satisfy ongoing regulatory approval process being conducted by FTC and EC, which are reviewing the acquisition of Allergan by AbbVie.

March 3, 2020: AbbVie (ABBV) and Allergan (AGN) announced that the European Commission has approved the divestiture of brazikumab, an investigational IL-23 inhibitor in development for autoimmune diseases, to AstraZeneca. The European Commission’s approval of AbbVie’s pending acquisition of Allergan in January was conditional upon the divestiture of brazikumab to a suitable purchaser.

March 17, 2020: AbbVie (ABBV) and Allergan (AGN) announced that they have entered into a consent decree agreement with staff of the U.S. Federal Trade Commission (FTC) regarding AbbVie’s pending acquisition of Allergan.

Expected to close in the second calendar quarter of 2020 for a closing value of $1.9 billion. Upon completion of the merger, shareholders of Forescout Technologies will receive $33.00 per share in cash.

Merger Agreement

Forescout Technologies, Inc. Investor Relations

Update(s)

February 24, 2020: The Federal Trade Commission (FTC) granted early termination of the required waiting period under the Hart-Scott-Rodino Act with respect to the acquisition of Forescout Technologies (FSCT) by Advent International.

March 8, 2020: Forescout Technologies (FSCT) announced the expiration of the 30-day “go-shop” period under the terms of the merger agreement among Forescout and Advent International.

Expected to close in the second half of 2020 for a closing value of $26 billion in an all stock deal. Under the terms of the agreement, TD Ameritrade stockholders will receive 1.0837 Schwab shares for each TD Ameritrade share.

Merger Agreement

TD Ameritrade Holding Corporation Investor Relations

The Charles Schwab Corporation Investor Relations

Update(s)

January 29, 2020: TD Ameritrade (AMTD) and Schwab (SCHW) each received a request for additional information and documentary material, often referred to as a “second request,” from the Antitrust Division of the Department of Justice.

Expected to close in the first or second quarter of 2020 for a closing value of $115.5 million. Upon completion of the merger, shareholders of PB Bancorp will receive $15.25 per share in cash.

Merger Agreement

PB Bancorp, Inc. Investor Relations

Expected to close in the first half of 2021 for a closing value of $2.9 billion. Upon completion of the merger, shareholders of Cincinnati Bell will receive $15.50 per share in cash.

Merger Agreement

Cincinnati Bell Inc. Investor Relations

Expected to close in mid-2020 for a closing value of $24.06 million in an all stock deal. Under the terms of the agreement, each share of Qumu common stock issued and outstanding as of the effective date of the merger will be converted into approximately 1.61 shares of Synacor common stock.

Merger Agreement

Qumu Corporation Investor Relations

Synacor, Inc. Investor Relations

Expected to close in the first quarter of 2020 for a closing value of $486.85 million in an all stock deal. Under the terms of the agreement, Progenics shareholders will receive 0.2502 shares of Lantheus Holdings stock for each share of Progenics stock.

Merger Agreement

Progenics Pharmaceuticals, Inc. Investor Relations

Lantheus Holdings, Inc. Investor Relations

Update(s)

February 20, 2020: Lantheus Holdings (LNTH) and Progenics Pharmaceuticals (PGNX) announced that they have entered into an Amended and Restated Agreement and Plan of Merger. Under the terms of the Amended Agreement Progenics stockholders will receive 0.31 of a share of Lantheus common stock, increased from 0.2502 under the Original Agreement. The merger transaction is expected to close early in the second quarter of 2020.

Expected to close in the fourth quarter of 2020 for a closing value of $13 billion in an all stock deal. Under the terms of the agreement, E*TRADE stockholders will receive 1.0432 Morgan Stanley shares for each E*TRADE share.

Merger Agreement

E*TRADE Financial Corporation Investor Relations

Morgan Stanley Investor Relations

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

Update(s)

November 14, 2019: NVIDIA Corporation (NVDA) announced that they have received regulatory approval in the United States and Mexico with respect to the acquisition of  with Mellanox Technologies (MLNX) and are engaged with regulators in Europe and China. The companies believe the closing will likely occur in the early part of calendar 2020.

December 13, 2019: According to Reuters, the European Commission website showed that Nvidia (NVDA) has not offered any concessions to EU antitrust regulators examining its bid for Mellanox Technologies (MLNX). The EU competition enforcer is scheduled to decide on Nvidia’s biggest-ever acquisition by Dec. 19.

December 18, 2019: According to Reuters, Nvidia (NVDA) is set to win unconditional EU antitrust approval for its acquisition of Mellanox Technologies (MLNX).

Expected to close in the third quarter of 2020 for a closing value of $3.29 billion in an all stock deal. Under the terms of the merger agreement CenterState shareholders will receive 0.3001 shares of South State common stock for each share of CenterState common stock they own.

CenterState Bank Corporation Investor Relations

South State Corporation Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $5.28 billion in an all stock deal. Under the terms of the merger agreement, IBERIABANK shareholders will receive 4.584 shares of First Horizon for each IBERIABANK share they own.

Merger Agreement

IBERIABANK Corporation Investor Relations

First Horizon National Corporation Investor Relations

Expected to close during the second half of Cisco’s FY2020 for a closing value of $2.6 billion. Upon completion of the merger, shareholders of Acacia Communications will receive $70.00 per share in cash.

Merger Agreement

Acacia Communications, Inc. Investor Relations

Cisco Systems, Inc. Investor Relations

Update(s)

September 6, 2019: Shareholders of Acacia Communications (ACIA) approved the company’s merger with Cisco Systems (CSCO) at a special meeting of shareholders.

September 26, 2019: The applicable waiting period under the HSR Act with respect to the acquisition of Acacia Communications (ACIA) by Cisco Systems (CSCO) expired.

November 11, 2019: Acacia Communications (ACIA) announced that it has received regulatory clearance from the German Federal Cartel Office with respect to the proposed acquisition of Acacia Communications by Cisco Systems (CSCO).

Expected to close in the third quarter of 2020 for a closing value of $10.5 billion in an all stock deal. Under the terms of the agreement, each share of Class A common stock of TerraForm Power will be acquired for consideration equivalent to 0.381 of a Brookfield Renewable unit.

Merger Agreement

TerraForm Power, Inc. Investor Relations

Brookfield Renewable Partners L.P. Investor Relations

Expected to close no later than the third quarter of 2020 for a closing value of $6.5 billion. Upon completion of the merger, shareholders of Legg Mason will receive $50.00 per share in cash.

Merger Agreement

Legg Mason, Inc. Investor Relations

Franklin Resources, Inc. Investor Relations

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.

Merger Agreement

Cypress Semiconductor Corporation Investor Relations

Infineon Technologies AG Investor Relations

Update(s)

August 27, 2019: Shareholders of Cypress Semiconductor Corporation (CY) approved the company’s merger with Infineon Technologies AG (IFNNY) at a special meeting of shareholders.

March 5, 2020: According to Reuters, U.S. national security officials have recommended that President Donald Trump block Infineon Technologies AG’s proposed deal to buy Cypress Semiconductor (CY) as it poses a security risk.

March 9, 2020: Cypress Semiconductor (CY) announced that it has been informed by the Committee on Foreign Investment in the United States (CFIUS) that CFIUS has completed its review of Cypress’s previously announced merger transaction with Infineon Technologies AG and determined that there are no unresolved national security concerns with respect to the proposed merger.

Expected to close in the second quarter of 2020 for a closing value of $1 billion in an all stock deal. Under the terms of the agreement, holders of Opus common stock (including holders of Opus Series A preferred stock whose shares will be treated on an as-converted basis) will have the right to receive 0.90 shares of Pacific Premier common stock for each share of Opus common stock they own.

Opus Bank Investor Relations

Pacific Premier Bancorp, Inc. Investor Relations

Expected to close by mid-2020 for a closing value of $4.3 billion. Upon completion of the merger, shareholders of LogMein will receive $86.05 per share in cash.

Merger Agreement

LogMeIn, Inc. Investor Relations

Update(s)

January 7, 2020: The Federal Trade Commission (FTC) granted early termination of the required waiting period under the Hart-Scott-Rodino Act with respect to the acquisition of LogMeIn (LOGM) by Francisco Partners.

February 3, 2020: LogMeIn (LOGM) announced the expiration of a 45-day “go-shop” period under the terms of the previously announced definitive agreement in which LogMeIn will be acquired in a transaction led by affiliates of Francisco Partners.

March 12, 2020: LogMeIn (LOGM) announced that its stockholders voted to adopt the previously announced definitive agreement in which LogMeIn will be acquired in a transaction led by Francisco Partners.

Expected to close in the second quarter of 2020 for a closing value of $579 million. Under the terms of the Merger Agreement each Class A ordinary share of the Company issued and outstanding other than the Excluded Shares, will be cancelled and cease to exist, in exchange for the right to receive $5.40 in cash without interest, and each outstanding American depositary share of the Company (each, an “ADS,” representing two Class A Ordinary Shares), other than the ADSs representing the Excluded Shares, will be cancelled in exchange for the right to receive $10.80 in cash without interest.

Changyou.com Limited Investor Relations

Sohu.com Limited Investor Relations

Expected to close in the second quarter of 2020 for a combined entity value of $1.115 billion. This is the merger of a special purpose acquisition company (SPAC), Leisure Acquisition (LACQ), with the operating company GTWY Holdings Limited in a one for one share exchange.  SPACs or blank check companies are publicly traded companies with no operations of their own. They are set up to find an operating business and eventually merge into that operating business, which in this case is GTWY Holdings, the Canadian holding company for Gateway Casinos & Entertainment Limited.

The deal also includes “earn-outs” (similar to the Contingent Value Rights or CVRs we often see with biotech deals) in the form of warrants for existing GTWY Holdings shareholders that become exercisable if the stock rises to $12.50 or $15 at specific time intervals.

Leisure Acquisition Corp. Investor Relations

Expected to close by the end of the first quarter of 2020 for a closing value of $2.1 billion. Upon completion of the merger, shareholders of Ra Pharmaceuticals will receive $48.00 per share in cash.

Merger Agreement

Ra Pharmaceuticals, Inc. Investor Relations

Update(s)

December 17, 2019: Shareholders of Ra Pharmaceuticals (RARX) approved the company’s merger with Ocwen Financial Corporation UCB at a special meeting of shareholders.

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

June 28, 2019: Advanced Disposal Services (ADSW) announced that the Company’s stockholders voted to adopt the merger agreement pursuant to which the Company would be acquired by an indirect, wholly-owned subsidiary of Waste Management (WM).

Expected to close in the third quarter of 2020 for a closing value of $611 million in a cash plus stock deal. Under the terms of the merger agreement, Franklin shareholders will receive 0.9650 shares of FB Financial common stock and $2.00 in cash for each share of Franklin stock.

Franklin Financial Network, Inc. Investor Relations

FB Financial Corporation Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $346 million in an all stock deal. Under the terms of the merger agreement, shareholders of MutualFirst will be entitled to receive 2.4 shares of Northwest common stock for each common share of MutualFirst.

Merger Agreement

MutualFirst Financial, Inc. Investor Relations

Northwest Bancshares, Inc. Investor Relations

Update(s)

March 10, 2020: MutualFirst Financial (MFSF) announced that it received the requisite approvals of its stockholders for the Company’s pending merger with Northwest Bancshares at a special meeting of the Company’s stockholders.

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.

June 27, 2019: WABCO Holdings (WBC) welcomed the decision by its shareholders to approve the company’s acquisition by ZF Friedrichshafen AG.

January 23, 2020: ZF Friedrichshafen AG won U.S. antitrust approval for its $7 billion deal to buy U.S. rival Wabco (WBC).

Expected to close by mid-year 2020 for a closing value of $10.03 billion in an all stock deal. Under the terms of the agreement, each outstanding public common unit of EQM would be exchanged for 2.44 shares of ETRN common stock.

Merger Agreement

EQM Midstream Partners, LP Investor Relations

Equitrans Midstream Corporation Investor Relations

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

Update(s)

September 3, 2019: The Federal Trade Commission (FTC) granted early termination of the required waiting period under Hart-Scott-Rodino in connection with the $2.5 bil acquisition of El Paso Electric Company (EE) by J.P. Morgan Investment Management.

September 19, 2019: El Paso Electric Company (EE) announced that its shareholders approved the previously announced agreement and plan of merger with J.P. Morgan Investment Management.

January 17, 2020: El Paso Electric Company (EE) and the Infrastructure Investments announced that the Public Utility Commission of Texas (PUCT) approved IIF’s proposed acquisition of EPE as being in the public interest.

February 5, 2020: El Paso Electric Company (EE) and the Infrastructure Investments Fund announced that the City of El Paso, Texas consented to the acquisition of EPE by an affiliate of IIF by approving EPE’s Franchise Assignment Application filed with the City of El Paso on September 20, 2019.

March 12, 2020: El Paso Electric Company (EE) and The Infrastructure Investments Fund announced that the New Mexico Public Regulation Commission (NMPRC) approved IIF’s proposed acquisition of EPE.

Expected to close in the third quarter of 2020 for a closing value of $2.89 billion in an all stock deal. Under the terms of the agreement, Mobile Mini stockholders will receive 2.4050 shares of WillScot common stock for each share of Mobile Mini common stock.

Mobile Mini, Inc. Investor Relations

WillScot Corporation Investor Relations

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).

July 3, 2019: According to Bloomberg, T-Mobile U.S. (TMUS) is on the cusp of securing U.S. Justice Department approval for its merger with Sprint (S), after establishing the general outlines of asset sales to Dish Network (DISH).

July 11, 2019: According to The Wall Street Journal, negotiations to complete the merger of T-Mobile US (TMUS) and Sprint (S) are dragging on as the parties haggle over ownership restrictions and other conditions for Dish Network Corp. once it gets assets from the wireless companies.

July 24, 2019: According to Bloomberg, Dish Network (DISH) has agreed to pay $5 billion for wireless assets in a deal with T-Mobile (TMUS) and Sprint (S), setting the stage for the Justice Department to approve the merger between the two companies.

July 26, 2019: T-Mobile US (TMUS) and Sprint Corporation (S) announced they have taken an important step toward completing their proposed merger to create the New T-Mobile by entering into a consent decree with the U.S. Department of Justice (DOJ). The DOJ action moves the merger one step closer to closing, pending other regulatory approvals and the satisfaction of other closing conditions.

August 8, 2019: The parties to the Business Combination Agreement between Sprint Corporation (S) and T-Mobile (TMUS) extended the Outside Date to November 1, 2019, or, if the Marketing Period is in effect at such time, then the Outside Date will be January 2, 2020. We have extended the closing date for this deal to January 31, 2020.

September 3, 2019: According to Reuters, Illinois has joined a multistate lawsuit aimed at stopping the merger of U.S. wireless carriers T-Mobile (TMUS) and Sprint (S).

October 4, 2019: Florida  Attorney General Ashley Moody announced that she is joining the U.S. Department of Justice along with 10 other states in support of the T-Mobile US (TMUS) and Sprint Corporation (S) merger.

October 9, 2019: Mississippi Attorney General Jim Hood said he will withdraw from the legal challenge over the planned merger of Sprint Corp (S) and T-Mobile US (TMUS).

October 16, 2019: T-Mobile US’s (TMUS) proposed tie-up with Sprint (S) won formal approval from the Federal Communications Commission in a vote split along party lines.

November 5, 2019: The Federal Communications Commission (FCC) officially approved the merger of T-Mobile (TMUS) and Sprint (S).

December 20, 2019: According to Reuters, testimony ended on Friday in a lawsuit by a group of states led by New York and California seeking to block the merger of Sprint (S) and T-Mobile US (TMUS), moving the trial a step closer to having a U.S. judge rule on whether the deal violates federal antitrust laws.

February 11, 2020: T-Mobile US (TMUS) and Sprint (S) announced that after receiving a favorable decision in Federal Court in New York the companies are now taking final steps to complete their merger to create the New T-Mobile.

February 17, 2020: According to Reuters, New York Attorney General Letitia James said her office would end the court challenge to the 2018 merger agreement between T-Mobile US (TMUS) and Sprint (S).

February 20, 2020: T-Mobile US (TMUS) and Sprint Corporation (S) announced that they have entered into an amendment to their definitive Business Combination Agreement to create the New T-Mobile. A separate arrangement entered into by SoftBank Group Corp. in connection with the amendment will result in an effective exchange ratio of approximately 11.00 Sprint shares for each T-Mobile share immediately following the closing of the merger, an increase from the originally agreed 9.75 shares. Sprint shareholders other than SoftBank will continue to receive the original fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share, or the equivalent of approximately 9.75 Sprint shares for each T-Mobile share. In addition, the amendment extends the “outside date” under the Business Combination Agreement to July 1, 2020.

March 12, 2020: California Public Utilities Commission (CPUC) announced that it has issued a proposal to approve the merger of Sprint (S) and T-Mobile (TMUS) with conditions.

March 19, 2020: T-Mobile US (TMUS) announced that it is currently financially prepared to close its planned merger with Sprint (S), based on its previously secured commitments for bridge financing and senior credit facility financing, subject to the satisfaction of customary closing conditions under its commitment letter.

Expected to close in the second quarter of 2020 for a closing value of $4.9 billion. Upon completion of the merger, shareholders of Forty Seven will receive $95.50 per share in cash.

Merger Agreement

Forty Seven, Inc. Investor Relations

Gilead Sciences, Inc. Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $1.1 billion in an all stock deal. Under the terms of the agreement, United will acquire 100% of the outstanding shares of Carolina Financial in exchange for 1.13 of United’s shares.

Carolina Financial Corporation Investor Relations

United Bankshares, Inc. Investor Relations

Expected to close in the third quarter of 2020 for a closing value of $7.63 billion in an all stock deal. Under the terms of the agreement, Hexcel shareholders will receive a fixed exchange ratio of 0.625 shares of Woodward common stock for each share of Hexcel common stock.

Hexcel Corporation Investor Relations

Woodward, Inc. Investor Relations

Expected to close in the fourth quarter of Kyocera’s fiscal year ending March 2020 for a closing value of $2.95 billion. Upon completion of the merger, shareholders of AVX Corporation will receive $21.75 per share in cash.

Merger Agreement

AVX Corporation Investor Relations

Expected to close in early April 2020 for a closing value of $1.1 billion. Upon completion of the merger, shareholders of AquaVenture Holdings will receive $27.10 per share in cash.

Merger Agreement

AquaVenture Holdings Limited Investor Relations

Update(s)

March 16, 2020: AquaVenture Holdings Limited (WAAS) announced that AquaVenture shareholders voted to approve the previously announced definitive merger agreement pursuant to which Culligan will acquire AquaVenture. The merger is expected to be completed by the end of March.

Expected to close in late 2019 or early 2020 for a closing value of $909.23 million. Upon completion of the merger, shareholders of OMNOVA Solutions will receive $10.15 per share in cash.

Merger Agreement

OMNOVA Solutions Inc. Investor Relations

Update(s)

October 10, 2019: OMNOVA Solutions (OMN) announced that its shareholders approved the merger agreement under which Synthomer will acquire all outstanding OMNOVA common shares.

January 15, 2020: OMNOVA Solutions (OMN) announced that its proposed acquisition by Synthomer has been approved by the European Commission.

Expected to close in the first half of 2020 for a closing value of $373.92 million in an all stock deal.  Under the terms of the merger agreement, each share of Telaria common stock issued and outstanding as of the effective time of the Merger will be converted into the right to receive 1.082 shares of Rubicon Project common stock less any applicable withholding taxes.

Telaria, Inc. Investor Relations

the Rubicon Project, Inc. Investor Relations

Update(s)

March 24, 2020: Telaria (TLRA) announced that, due to the rapidly evolving public health concerns relating to the novel coronavirus (COVID-19) pandemic, it intends to convene and then immediately adjourn, without conducting any business, its special meeting of stockholders scheduled to occur on March 30, 2020 in a virtual meeting format only.

Expected to close in the second quarter of 2020 for a closing value of over $94 million in a cash or stock deal. Under the terms of merger, which was unanimously approved by both Boards of Directors, Millington will merge with and into Kearny, and each outstanding share of Millington common stock will be exchanged for 1.3 shares of KRNY common stock or $18.00 in cash.

Merger Agreement

MSB Financial Corp. Investor Relations

Kearny Financial Corp. Investor Relations

Expected to close in the second quarter of 2020 for a closing value of $85.22 million in an all stock deal. Under the terms of the agreement, each SGB shareholder will receive 1.00 share of The First Bancshares’s common stock in exchange for each share of SGB common stock.

Merger Agreement

Southwest Georgia Financial Corporation Investor Relations

The First Bancshares, Inc. Investor Relations

Update(s)

March 27, 2020: Shareholders of Southwest Georgia Financial Corporation (SGB) approved the company’s merger with The First Bancshares (FBMS) at a special meeting of shareholders.

Expected to close in the second quarter of 2020 for a closing value of $2.04 billion in an all stock deal. Under the terms of the merger agreement, the shares of TiVo and Xperi stockholders will be converted into the shares of the new parent company based on a fixed exchange ratio of 0.455 Xperi share per existing TiVo share.

Merger Agreement

TiVo Corporation Investor Relations

Xperi Corporation Investor Relations

Update(s)

February 4, 2020: Xperi Corporation (XPER) and TiVo Corporation (TIVO) announced that they have received notification of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the “HSR Act”) with respect to the all-stock merger of equals transaction of Xperi and TiVo.

Expected to close in the second quarter of 2020 for a closing value of $14.4 million in an all stock deal. Under the terms of the agreement, Tetraphase stockholders will receive, for each share of Tetraphase common stock, 0.6303 of a share of AcelRx common stock.

Merger Agreement

Tetraphase Pharmaceuticals, Inc. Investor Relations

AcelRx Pharmaceuticals, Inc. Investor Relations