Lundbeck Shows Up Uninvited With a Higher Offer for Avadel – Merger Arbitrage Mondays

Avadel Pharmaceuticals plc (AVDL): $23.56

Market Cap: $2.28B

Alkermes Deal Size: $2.1B

Lundbeck Offer Size: $2.38B

A new week brings with it a new bidding war that merger arb investors are benefiting from.

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