InsideArbitrage Event Driven Monitor – February 1, 2023

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

Merger Arbitrage

1. Atlas Technical Consultants (ATCX) to be acquired by GI Partners for $1.05 billion or $12.25 per share in cash.
2. Chembio Diagnostic (CEMI) to be acquired by Biosynex SA for $17.2 million or $0.45 per share in cash.
3. OpenText (OTEX) completed the acquisition of Micro Focus International (MFGP).

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