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InsideArbitrage Event Driven Monitor – December 4, 2024

  • December 4, 2024

Merger Arbitrage

  1. PFIE: CECO Environmental Corp. (CECO) announced that it has commenced the tender offer for all of the issued and outstanding shares of common stock of Profire Energy, Inc. (PFIE) at $2.55 per share in cash. The tender offer will expire on December 31, 2024, unless extended.
  2. RVNC: Revance Therapeutics (RVNC) announced it has further extended the date to commence the tender offer to December 5, 2024, due to ongoing discussions with Crown Laboratories.
  3. VZIO: The acquisition of VIZIO Holding Corp. (VZIO) by Walmart (WMT) was completed on December 03, 2024. It took 287 days for this deal to complete.

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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