InsideArbitrage Event Driven Monitor – November 23, 2022
Quick updates on the event-driven strategies we follow on InsideArbitrage. Merger Arbitrage AgroFresh Solutions (AGFS) to be acquired by funds affiliated with Paine Schwartz Partners for $585.68 million or $3.00 per share in cash. Meridian Bioscience (VIVO) obtained CFIUS approval and is actively work with the DOJ to resolve the DOJ legal matter. On August 22, they withdrew and resubmitted the merger filing to the FTC and DOJ. Permira and Hellman & Friedman completed the acquisition of Zendesk (ZEN). Tegna (TGNA) extended the end date for its sale to Standard General from November 22, 2022, to February 22, 2023. Harold Hamm completes the acquisition of Continental Resources (CLR) through Omega Acquisition. Brigham Minerals (MNRL) announced that the special meeting of stockholders will be on December 28, 2022. ForgeRock (FORG) was down 1%, after a report that Thoma Bravo plans to pull and refile its merger notice with U.S. antitrust regulators. SeaSpine Holdings Corporation (SPNE) announced that the special meeting of stockholders will be on January 4, 2023. Deal in the Works Manchester United (MANU), announces that the company’s Board of Directors is commencing a process to explore strategic alternatives for the club. Cancer drugmaker Mirati Therapeutics (MRTX) is attracting fresh takeover interest from large pharmaceutical companies ahead of updates on its drug pipeline, people with knowledge of...
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