InsideArbitrage Event Driven Monitor – November 30, 2022

Quick updates on the event-driven strategies we follow on InsideArbitrage.

Merger Arbitrage

1. Apollo Endosurgery (APEN) to be acquired by Boston Scientific Corporation for $615 million or $10.00 per share in cash.
2. 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.
3. 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.

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