InsideArbitrage Event Driven Monitor – September 29, 2023

  • September 29, 2023
Subscribe to receive our Event Driven Monitor by email every morning before the market opens. Merger Arbitrage CHS: Chico’s FAS, Inc. (CHS) to be acquired by Sycamore Partners for $1.59 billion or $7.60 per share in cash. DM: Stratasys (SSYS) announced that it has terminated the Merger Agreement with Desktop Metal (DM). PLM: PolyMet Mining Corp. announced that the Supreme Court of British Columbia has granted an interim order in connection with the company’s acquisition by Glencore AG. TRTN: The acquisition of Triton International Limited by Brookfield Infrastructure Partners L.P. (BIP) was completed on September 28, 2023. It took 169 days for this deal to be completed. SYNH: The acquisition of Syneos Health (SYNH) by a consortium of private investment firm affiliates composed of Elliott Investment Management, Patient Square Capital, and Veritas Capital was completed on September 28, 2023. It took 141 days for this deal to be completed. KLR: Kaleyra announced that its stockholders have approved all proposals related to the proposed acquisition of the company by Tata Communications Limited. You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here. Deal In The Works SSYS: Stratasys (SSYS) announced that its Board of...

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