InsideArbitrage Event Driven Monitor – October 6, 2025

Merger Arbitrage

1. GES: Guess (GES) filed the preliminary proxy statement for its acquisition by Authentic Brands Group. The company expects the merger to be completed in the fourth quarter of Guess’s 2026 fiscal year, which ends January 31, 2026.
2. ALE: ALLETE (ALE) announced that the Minnesota Public Utilities Commission (MPUC) voted unanimously to approve its acquisition by Canada Pension Plan Investment Board and Global Infrastructure Partners (GIP). With all required regulatory approvals secured, the transaction is expected to close in late 2025.
3. VBTX: Huntington Bancshares (HBAN) and Veritex Holdings (VBTX) announced that the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency had approved their proposed merger. The transaction is expected to be completed on October 20, 2025.

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.