Merger activity remained steady last week with seven new deals announced and three deals completed. These seven deals helped make December the most active month this year for deal activity and also helped it surpass the 20 deals announced in December 2019. Four of the seven new deals announced last week were multi-billion dollar deals.
Founded in 1998, RealPage (RP) provides software and data analytics to the real estate industry. On December 21, the company entered into a definitive merger agreement to be acquired by Thoma Bravo for $10.2 billion at a premium of over 30%.
The bidding war for Alaska Communications Systems Group (ALSK) continued last week. The company received another bid, which the board determined as a ‘Superior Proposal’ after amending the terms of the previous agreement.
You can find all the active deals listed below in our Merger Arbitrage Tool (MAT) that automatically updates itself during market hours.
There was one new deal announced in the Deals in the Works section last week.