InsideArbitrage Event Driven Monitor – February 27, 2026

Note: You can click on any section title to jump straight to the related tool or page.

Merger Arbitrage

1. NATL: The acquisition of NCR Atleos Corporation (NATL) by The Brink’s Company (BCO) for a closing value of $6.6 billion. Brink’s will acquire each outstanding share of NCR Atleos for $30 in cash and 0.1574 shares of Brink’s common stock, which reflects an implied value of $50.40 per share of NCR Atleos. This represents a 20.37% premium from the stock’s last close. (Press Release)
2. WBD: Warner Bros. Discovery (WBD) announced that its Board has determined that the proposal from Paramount Skydance (PSKY) constitutes a “Company Superior Proposal”. Netflix (NFLX) announced that it has declined to raise its offer for Warner Bros.
3. JHG: Victory Capital (VCTR) submits a proposal to acquire Janus Henderson (JHG). Under the terms of the proposal, Janus Henderson shareholders would receive total consideration of $57.04 per share, consisting of $30 in cash and a fixed exchange ratio of 0.350 shares of Victory Capital common stock.

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