InsideArbitrage Event Driven Monitor – January 8, 2026
Note: Every section title is clickable for quick access to the relevant page or feature.
Merger Arbitrage
- VTYX: The acquisition of Ventyx Biosciences, Inc. (VTYX) by Eli Lilly and Company (LLY), for a closing value of $1.2 billion. Lilly will acquire all of the outstanding shares of Ventyx for $14 per share of common stock in an all-cash transaction, representing a 1.97% premium from the stock’s last close. (Press Release)
- WBD: Warner Bros. Discovery (WBD) announced that its Board has determined that Paramount Skydance’s (PSKY) amended offer is not in the best interests of WBD and its shareholders and does not meet the criteria of a “Superior Proposal”. The Board recommends that the shareholders reject Paramount’s offer.
- HOUS: Anywhere Real Estate (HOUS) announced that the HSR Act waiting period expired on January 2, 2026. Compass (COMP) and Anywhere Real Estate also announced that stockholders of each company voted overwhelmingly to approve the merger of Compass and Anywhere at a special meeting of stockholders held on January 7.
Only plus or premium subscribers can access this post. Subscribe today.
