InsideArbitrage Event Driven Monitor – January 7, 2025
Merger Arbitrage
- NARI: The acquisition of Inari Medical, Inc. (NARI) by Stryker Corporation (SYK) for $4.9 billion in an all-cash transaction. Under the terms of the agreement, Stryker will commence a tender offer for all outstanding shares of common stock of Inari for $80 per share in cash. (Press Release)
- ROIC: Retail Opportunity (ROIC) filed the definitive proxy statement for its merger with Blackstone (BX). The special meeting of ROIC stockholders to approve the merger is scheduled to be held on February 7, 2025. The transaction is expected to close by the first half of 2025.
- BMTX: BM Technologies, Inc. (BMTX) announced that its shareholders voted to approve its acquisition by First Carolina Bank at the special meeting held on January 03, 2024.
Both the SunLink and Predictive Oncology deals will not be included in our Merger Arbitrage Tool due to the involvement of preferred shares.
Only plus or premium subscribers can access this post. Subscribe today.
