InsideArbitrage Event Driven Monitor – February 6, 2024

Merger Arbitrage

1. CTLT: The acquisition of Catalent (CTLT) by Novo Nordisk (NVO) for a closing value of $16.5 billion or $63.50 per share in cash.
2. EVBG: The acquisition of Everbridge (EVBG) by Thoma Bravo for a closing value of $1.5 billion, or $28.60 per share in cash. A 25-day “go-shop” period expires on February 29, 2024.
3. HAYN: The acquisition of Haynes International (HAYN) by North American Stainless, a wholly owned subsidiary of Acerinox for a closing value of approximately $970 million or $61.00 per share in cash.

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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