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InsideArbitrage Event Driven Monitor – April 26, 2024

  • April 26, 2024

Merger Arbitrage

  1. AMK: The acquisition of AssetMark (AMK) by GTCR for a closing value of $2.7 billion. Under the terms of the agreement, AssetMark stockholders will receive $35.25 per share in cash from GTCR.
  2. NGMS: The acquisition of NeoGames (NGMS) by Aristocrat Leisure Limited for $1.2 billion was completed on April 25, 2024. It took 347 days for the deal to be completed.
  3. TCN: Tricon International (TCNannounced that they have received all the required approvals for its merger with Blackstone. The transaction is expected to be completed on May 1, 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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