InsideArbitrage Event Driven Monitor – February 17, 2023
Quick updates on the event driven strategies we follow on InsideArbitrage.
Merger Arbitrage
- TravelCenters of America (TA) to be acquired by BP p.l.c. (BP) for $4.4 billion or $86 per share in cash.
- Shareholders of Elevate Credit (ELVT) approved the company’s merger with Park Cities Asset Management at a special meeting of shareholders.
- LHC Group (LHCG) received a delisting notice from Nasdaq, that identified Wednesday as the last trading day for the company as UnitedHealth (UNH) completes its acquisition.
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