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InsideArbitrage Event Driven Monitor – April 6, 2023

  • April 6, 2023

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

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Merger Arbitrage

  1. The UBS (UBS) chairman voiced confidence that it will succeed in a government-engineered takeover of rival Credit Suisse (CS), pledging the deal will reduce costs, benefit shareholders and buttress Swiss finance despite “huge” risks in knitting the global lenders together.
  2.  Sumo Logic (SUMO) announced that the special meeting of stockholders will be on May 10, 2023. The applicable waiting period under the HSR Act expired on March 27, 2023.

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