InsideArbitrage Event Driven Monitor – September 22, 2023

  • September 22, 2023
Subscribe to receive our Event Driven Monitor by email every morning before the market opens. Merger Arbitrage SPLK: Splunk to be acquired by Cisco (CSCO) for $28.45 billion or $157 per share in cash. PRTK: The acquisition of Paratek Pharmaceuticals (PRTK) by Gurnet Point Capital and Novo Holdings A/S was completed on September 21, 2023. RADI: The acquisition of Radius Global Infrastructure (RADI) by EQT and Public Sector Pension Investment Board was completed on September 21, 2023. ATVI: According to Reuters, Britain’s antitrust regulator said that there were grounds to clear Microsoft’s (MSFT) $69 billion acquisition of Activision Blizzard (ATVI). RETA: Stockholders of Reata Pharmaceuticals voted to approve the company’s previously announced acquisition by Biogen (BIIB). MMP: Magellan Midstream Partners by ONEOK (OKE) announced that their unitholders approved the previously announced merger. CTG: Cegeka Groep NV Computer Task Group, Incorporated (CTG) announced today that Chicago Merger Sub, a wholly owned subsidiary of Cegeka, has extended the expiration date of its offer from September 20, 2023, to October 13, 2023. AMTI: The merger of Applied Molecular Transport (AMTI) with Cyclo Therapeutics (CYTH) in an all stock deal.  Under the terms of the agreement, AMT stockholders will receive approximately 0.174 shares of Cyclo Therapeutics in exchange for each of their shares in AMT....

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