Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

InsideArbitrage Event Driven Monitor – December 28, 2022

  • December 28, 2022
Quick updates on the event-driven strategies we follow on InsideArbitrage. Merger Arbitrage Global Infrastructure Solutions has completed the acquisition of Hill International (HIL). The stockholders of Poshmark (POSH) voted to approve the company’s pending acquisition by NAVER Corporation. The transaction is expected to close in early January 2023. Deal In The Works PolarityTE (PTE), announced that it signed a non-binding letter of intent with Michael Brauser for him to make an offer to acquire 100% of the outstanding equity interests of the company at a proposed offering price of $1.03 per common share, which would be paid entirely in cash. You can check out new deals, all deal updates and spreads on active deals in our Merger Arbitrage Tool for premium members here. Insider Purchases Hill Path Capital Partners purchased 410,202 shares of entertainment company Dave & Buster’s Entertainment, Inc. (PLAY) at an average price of $34.74 totaling $14.25 million. Edwin Rock, the Chief Medical Officer of biotechnology company GlycoMimetics, Inc. (GLYC), purchased 110,000 shares at an average price of $2.25 totaling $247,500. Kevin S. Wilson, the CEO and President of specialty medical devices company Heska Corp. (HSKA), purchased 3,440 shares at an average price of $59.64 totaling $205,152. Jeffrey Gould, the President...

Only plus or premium subscribers can access this post. Subscribe today.