InsideArbitrage Event Driven Monitor – April 29, 2024

  • April 29, 2024
Merger Arbitrage SLCA: The acquisition of U.S. Silica (SLCA) by Apollo Funds (APO) for a closing value of $1.85 billion. Under the terms of the agreement, U.S. Silica stockholders will receive $15.50 per share in cash from funds managed by affiliates of Apollo. ICLK: iClick Interactive Asia Group Limited (ICLK) announced that they have sent a notice of termination to TSH Investment Holding Limited notifying them that they are exercising its right to terminate the Merger Agreement and demanding TSH to pay the termination fee of $1.8 million by May 9, 2024. As a result of the termination of the Merger Agreement, the proposed merger will not be completed. EVBG: Shareholders of Everbridge (EVBG) approved the company’s merger with Thoma Bravo at a special meeting of shareholders. HES: Hess Corp (HES) filed a definitive proxy statement. The special meeting of shareholders will be held on May 28, 2024. WRK: WestRock Company (WRK) filed a definitive proxy statement. The special meeting of shareholders will be held on June 13, 2024. INBX: Inhibrx (INBX) filed a definitive proxy statement. The special meeting of shareholders will be held on May 24, 2024. You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium...

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