InsideArbitrage Event Driven Monitor – December 29, 2022

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

Merger Arbitrage

1. BP p.l.c. (BP) has completed the acquisition of Archaea Energy (LFG).
2. The United Kingdom Competition and Markets Authority provided notice to UserTesting (USER) that it has no further questions on the merger at this time. The merger is expected to close in the first half of 2023.
3. Seacoast (SBCF) and Professional (PFHD) announced that the mergers are expected to be completed on January 31, 2023.

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