InsideArbitrage Event Driven Monitor – December 12, 2023

Merger Arbitrage

1. HOLI: Hollysys Automation Technologies (HOLI) to be acquired by Ascendent Capital Partners for $1.66 billion or $26.50 per share in cash.
2. EGLE: The merger of Eagle Bulk Shipping (EGLE) with Star Bulk Carriers Corp. (SBLK) in an all stock deal. Under the terms of the agreement, Eagle shareholders will receive 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned.
3. BVH: Bluegreen Vacations Holding Corporation announced that the special meeting of shareholders will be held on January 11, 2024.

You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here.

Only plus or premium subscribers can access this post. Subscribe today.