×

Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

InsideArbitrage Event Driven Monitor – March 20, 2024

  • March 20, 2024

Merger Arbitrage

  1. FUSN: The acquisition of Fusion Pharmaceuticals Inc. (FUSN) by AstraZeneca (AZN) for $2.4 billion. Upon completion of the merger, shareholders of $21.00 per share in cash at closing plus a non-transferable contingent value right (CVR) of $3.00 per share in cash payable upon the achievement of a specified regulatory milestone.
  2. AYX: The acquisition of Alteryx (AYX) by Clearlake Capital and Insight Partners was completed on March 19, 2024. It took 92 days for this deal to be completed.
  3. HAYN: Haynes International (HAYN) and North American Stainless reported that the waiting period under the HSR Act expired on March 18, 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.