InsideArbitrage Event Driven Monitor – August 22, 2025

Merger Arbitrage

1. DAY: The acquisition of Dayforce Inc (DAY) by Thoma Bravo for a closing value of $12.3 billion. Dayforce stockholders will receive $70 per share in cash, representing a premium of 3.86% from the stock’s last close. (Press Release)
2. CORZ: CoreWeave (CRWV) filed Form S-4 for the acquisition of Core Scientific (CORZ). The companies expect to complete the merger in the fourth quarter of 2025.
3. GMS: Home Depot (HD) announced that the Antitrust Division of the U.S. Department of Justice has granted early termination of the waiting period under the HSR Act for the acquisition of GMS (GMS). The tender offer will expire on August 22, 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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