InsideArbitrage Event Driven Monitor – September 2, 2025

Merger Arbitrage

1. GMS: The Home Depot (HD) announced that it has received clearance from the Canadian Competition Bureau, in the form of a no-action letter, for the acquisition of GMS (GMS).
2. TASK: Reuters reported that Institutional Shareholder Services urged TaskUs (TASK) investors to reject the deal by investment firm Blackstone (BX) and TaskUs’ co-founders to take the company private. “There does not appear to be a compelling reason to accept the terms,” the influential proxy advisory firm wrote in its recommendation.
3. ARIS: Western Midstream Partners (WES) filed Form S-4 for the acquisition of Aris Water (ARIS). The companies expect to complete the merger in the fourth quarter of 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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