InsideArbitrage Event Driven Monitor – January 27, 2025

Merger Arbitrage

1. LGTY: The acquisition of Logility Supply Chain Solutions, Inc. (LGTY) by Aptean, for a closing value of $442.75 million. Under the terms of the agreement, Aptean will acquire all of Logility’s outstanding common stock for $14.30 per share in an all-cash transaction. (Press Release)
2. MKFG: Markforged (MKFG) announced that on January 22, Desktop Metal (DM) voluntarily dismissed Markforged, without prejudice, from its complaint brought in connection with Markforged’s pending merger with Nano Dimension (NNDM).
3. PDCO: Patterson Companies (PDCO) filed the preliminary proxy statement for its merger with Patient Square. The company expects the merger to be completed in the fourth quarter of Patterson’s fiscal year 2025.

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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