InsideArbitrage Event Driven Monitor – November 30, 2022
Quick updates on the event-driven strategies we follow on InsideArbitrage. Merger Arbitrage Apollo Endosurgery (APEN) to be acquired by Boston Scientific Corporation for $615 million or $10.00 per share in cash. Taylor Maritime Investments Limited and Grindrod Shipping Holdings (GRIN) announced the expiration of the previously announced voluntary conditional cash offer made by Good Falkirk Limited and the commencement of a subsequent offering period for the remaining Shares. The offer and withdrawal rights expired on November 28, 2022. STORE Capital Corporation (STOR) announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. have each recommended that stockholders vote “FOR” the previously announced all-cash acquisition of the company by affiliates of GIC. Syncona Limited Portfolio Company extends tender offer to acquire Applied Genetic Technologies Corporation (AGTC) from November 28, 2022 to November 30, 2022. PBF Energy (PBF) and PBF Logistics (PBFX) announced that C. Erik Young, Chief Financial Officer, has resigned to pursue other professional opportunities. Atlas Air Worldwide (AAWW) announced that its shareholders voted to approve the company’s pending acquisition by an investor group led by funds managed by affiliates of Apollo Global Management (APO). Deal in the Works The Board of Horizon Therapeutics plc (HZNP) confirms that it is engaged in highly preliminary discussions with...
Only plus or premium subscribers can access this post. Subscribe today.
