InsideArbitrage Event Driven Monitor – December 2, 2024

Merger Arbitrage

1. LBPH: H. Lundbeck A/S announced that its tender offer to acquire all of the outstanding shares of Longboard Pharmaceuticals (LBPH) has expired and about 88.6% of the issued and outstanding voting shares of Longboard were validly tendered. Lundbeck expects to close the transaction on December 2, 2024.
2. RVNC: Revance Therapeutics (RVNC) announced it has further extended the date to commence the tender offer to December 3, 2024, due to the ongoing discussions with Crown Laboratories.
3. GATO: First Majestic (AG) announced that the special meeting of shareholders for the acquisition of Gatos Silver (GATO) will be held on January 14, 2025.

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