InsideArbitrage Event Driven Monitor – June 19, 2023

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Merger Arbitrage

1. SURF: Surface Oncology to be acquired by Coherus BioSciences (CHRS) for $40 million or $5.2831 per share in cash.
2. RXDX: Merck (MRK) completes the acquisition of Prometheus Biosciences.
3. IRBT: UK’s Competition and Markets Authority (CMA) cleared Amazon’s (AMZN) purchase of Roomba maker IRobot (IRBT).

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