InsideArbitrage Event Driven Monitor – December 1, 2023
Merger Arbitrage
- IMGN: ImmunoGen (IMGN) to be acquired by AbbVie (ABBV) for $7.29 billion or $31.26 per share in cash.
- VRTV: The acquisition of Veritiv Corporation (VRTV) by Clayton, Dubilier & Rice, LLC was completed on November 30, 2023. It took 115 days for this deal to be completed.
- PACW: The merger of PacWest Bancorp (PACW) and Banc of California (BANC) was completed on November 30, 2023. It took 128 days for this deal to be completed.
You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here.
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