InsideArbitrage Event Driven Monitor – May 20, 2026

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Merger Arbitrage

1. WSR: Whitestone REIT (WSR) filed a definitive proxy statement. The special meeting of shareholders will be held on July 9, 2026.
2. WBD: Bloomberg reported that Wall Street banks kicked off a loan sale for Warner Bros Discovery (WBD), with proceeds intended to refinance a temporary credit facility. The offering comprises a $5 billion US dollar loan and a €1 billion loan.
3. TWO: Two Harbors (TWO) adjourned its special meeting of stockholders until May 28, 2026.

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