InsideArbitrage Event Driven Monitor – May 6, 2024
Merger Arbitrage
- PRFT: The acquisition of Perficient, Inc. (PRFT) by EQT Asia, part of EQT AB, for $3 billion. Under the terms of the merger agreement, Perficient stockholders will receive $76 per share in cash for each share of common stock owned as of the closing of the transaction.
- PXD: The acquisition of Pioneer Natural Resources Company (PXD) by Exxon Mobil Corporation (XOM) was completed on May 3, 2024. It took 205 days for the deal to be completed.
- CTLT: Catalent (CTLT) and Novo Nordisk (NVO) received a request for additional information and documentary materials (Second Request) from the FTC, under the notification requirements of the HSR Act.
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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