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InsideArbitrage Event Driven Monitor – September 16, 2024

  • September 16, 2024

Merger Arbitrage

  1. SILK: Silk Road Medical (SILKannounced that the applicable waiting period under the HSR Act expired on September 12.
  2. X: Reuters reported that CFIUS faces a September 23 deadline to complete its second 90-day review of Nippon Steel’s proposed takeover of U.S. Steel (X).
  3. SGRP: SPAR Group (SGRP) filed the preliminary proxy statement for its merger with Highwire Capital. The companies expect the merger to be completed in the fourth quarter of 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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