InsideArbitrage Event Driven Monitor – May 8, 2023
Quick updates on the event driven strategies we follow on InsideArbitrage.
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Merger Arbitrage
- Shareholders of Luther Burbank Corporation (LBC) approved the company’s merger with Washington Federal (WAFD) at a special meeting of shareholders.
- Radius Global Infrastructure (RADI) announced that the special meeting of stockholders will be held in June 2023. The deal received clearance from governmental authorities under the antitrust laws of Germany on April 28, 2023, and Spain on May 3, 2023, and the foreign investment laws of the United Kingdom on April 6, 2023.
- Diversey Holdings (DSEY) announced that the applicable waiting period under the HSR Act expired on April 24, 2023.
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