InsideArbitrage Event Driven Monitor – October 12, 2022
Quick updates on the event-driven strategies we follow on InsideArbitrage. As expected, on account of the EDGAR holiday on Monday, insider transactions filed on Tuesday increased significantly. Merger Arbitrage The acquisition of ForgeRock (FORG) by Thoma Bravo for $2.3 billion or $23.25 per share in cash. The combination of SeaSpine Holdings Corporation (SPNE) and Orthofix (OFIX) in an all-stock merger-of-equals. Under the terms of the agreement, SeaSpine shareholders will receive 0.4163 shares of Orthofix common stock for each share of SeaSpine common stock owned. Shareholders of ironSource (IS) approved the company’s merger with Unity (U) at a special meeting of shareholders. Shareholders of Covetrus (CVET) approved the company’s merger with Clayton, Dubilier & Rice and TPG Capital at a special meeting of shareholders. Shareholders of Meridian Bioscience (VIVO) approved the company’s merger with SD Biosensor and SJL Partners at a special meeting of shareholders. Enerflex (EFX.TO) and Exterran Corporation (EXTN) received all necessary shareholder and stockholder approvals in connection with the pending acquisition of Exterran by Enerflex. Evergreen Coast Capital Corporation completed the acquisition of Nielsen Holdings (NLSN). Cowen (COWN) announced that the special meeting of stockholders will be on November 15, 2022. ChannelAdvisor Corporation (ECOM) announced that the special meeting of stockholders will be on November 11, 2022. Deals In The Works According to Reuters, Australian...
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