InsideArbitrage Event Driven Monitor – September 8, 2025

Merger Arbitrage

1. MGRM: Monogram (MGRM) announced that on September 4, Zimmer Biomet (ZBH) voluntarily withdrew its pre-merger Notification and Report Form filed pursuant to the HSR Act, to provide the Federal Trade Commission with additional time to review the merger. On the same date, Zimmer Biomet resubmitted its pre-merger Notification and Report Form, commencing a new 30-day waiting period under the HSR Act, which will expire on October 6, 2025.
2. KLG: The Federal Trade Commission granted early termination of the waiting period under the HSR Act for the acquisition of WK Kellogg (KLG) by The Ferrero Group.
3. BRFS: Marfrig Global Foods (MRRTY) and BRF (BRFS) announced that CADE (the Brazilian competition authority) had approved the planned merger in which Marfrig will acquire BRF.

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.