InsideArbitrage Event Driven Monitor – January 30, 2023
Quick updates on the event driven strategies we follow on InsideArbitrage. Merger Arbitrage Neovasc (NVCN) announced that the special meeting of stockholders will be on March 6, 2023. 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 Michael James Hall, the General Counsel and Secretary of regional bank Trustco Bank Corp. (TRST), purchased 3,153 shares at an average price of $33.45 totaling $105,458. The Chief Risk Officer, as well as two EVPs and a Director also purchased shares. Gregory B. Lykins, a Director of regional bank First Busey Corp. (BUSE), purchased 4,000 shares at an average price of $22.73 totaling $90,920. Thomson Leighton, the CEO of security software and CDN services provider Akamai Technologies Inc. (AKAM), purchased 859 shares at an average price of $87.37 totaling $75,054. He has been buying shares recently under an established 10b5-1 plan. Johnny Trotter, a Director of regional bank First Financial Bankshares Inc. (FFIN), purchased 1,500 shares at an average price of $34.08 totaling $51,120. Murray Stahl, a Director of Texas landowner Texas Pacific Land Corp (TPL), purchased 21 shares at an average price of $2,110.10 totaling $44,312. Wesley Miller...
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