InsideArbitrage Event Driven Monitor – March 4, 2024

Merger Arbitrage

1. EVBG: Everbridge, Inc. (EVBG) and Thoma Bravo, announced that they have amended and restated the previously announced merger agreement, dated February 4, 2024. Under the terms of the amended and restated agreement, Thoma Bravo has increased the price at which it has agreed to acquire all outstanding shares of Everbridge to $35.00 per share in cash, or $6.40 per share higher than the original transaction price.
2. TDCX:  The acquisition of TDCX Inc (TDCX) by Transformative Investments Pte Ltd for $663.36 million or $7.20 per share in cash.
3. DOC: The combination of Physicians Realty Trust (DOC) and Healthpeak Properties (PEAK) was completed on March 1, 2024. It took 123 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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