InsideArbitrage Event Driven Monitor – September 23, 2025

Merger Arbitrage

1. PINC: The acquisition of Premier, Inc. (PINC) by Patient Square Capital for a closing value of $2.6 billion. Premier stockholders will receive $28.25 in cash per share, representing a premium of 9.71% from the stock’s last close. (Press Release)
2. ODP: The acquisition of The ODP Corporation (ODP) by Atlas Holdings for a closing value of $1 billion. ODP will be acquired by an affiliate of Atlas Holdings for $28 per share in cash, representing a premium of 34.49% from the stock’s last close. (Press Release)
3. HOUS: The acquisition of Anywhere Real Estate Inc. (HOUS) by Compass, Inc. (COMP) for a closing value of $7.08 billion. Each share of Anywhere common stock will be exchanged for 1.436 shares of Compass Class A common stock, which represents a value of $13.01 per Anywhere common stock share, which is at a premium of 84.02% from the stock’s last close. (Press Release)

You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here.

Only plus or premium subscribers can access this post. Subscribe today.