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InsideArbitrage Event Driven Monitor – March 6, 2024

  • March 6, 2024

Merger Arbitrage

  1. HAYN: On March 4, 2024, Haynes International (HAYN) and North American Stainless filed the requisite notification forms under the HSR Act with the DOJ and the FTC on February 16, 2024. They also filed notifications to CFIUS on March 1, 2024.
  2. HARP: Harpoon Therapeutics (HARPreceived a Nasdaq delisting notice for its planned sale to Merck (MRK). The deal is tentatively scheduled to close on March 11, 2024.
  3. SOVO: Sovos Brands (SOVO) and Campbell Soup Company (CPBreceived a Nasdaq delisting notice and the merger is tentatively scheduled to close prior to the market open on March 12, 2024.

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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