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InsideArbitrage Event Driven Monitor – May 26, 2023

  • May 26, 2023

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

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Merger Arbitrage

  1. WTT: Wireless Telecom Group (WTT) to be acquired by Maury Microwave for $19.84 million or $2.13 per share in cash.
  2. EMBK: Embark Technology (EMBK) to be acquired by Applied Intuition for $71 million or $2.88 per share in cash.
  3. CS: The European Commission unconditionally approved the merger between Credit Suisse (CS) and UBS Group AG (UBS) under the EU Merger Regulation.

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