InsideArbitrage Event Driven Monitor – December 19, 2024
Merger Arbitrage
- VOXX: The acquisition of VOXX International Corporation (VOXX) by Gentex Corporation (GNTX) for $182.24 million in an all-cash transaction. Under the terms of the agreement, Gentex will acquire all the issued and outstanding shares of VOXX common stock not already owned by Gentex for $7.50 per share. (Press Release)
- SBT: Sterling Bancorp, Inc. (SBT) announced that its shareholders have approved the sale of all of the issued and outstanding shares of capital stock of the Bank to EverBank Financial Corp and the plan of Dissolution which was approved and adopted by the board of directors of Sterling.
- CTLT: The acquisition of Catalent (CTLT) by Novo Nordisk (NVO) was completed on December 18, 2024. It took 317 days for the deal to be completed.
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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