InsideArbitrage Event Driven Monitor – May 28, 2026

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Merger Arbitrage

1. NATL: NCR Atleos (NATL) filed a definitive proxy statement. The companies expect the merger to close by the end of the first quarter of 2027.
2. WBS: Shareholders of Webster Financial (WBS) approved the company’s merger with Banco Santander (SAN) at a special meeting of shareholders held on May 26, 2026.
3. STEL: Shareholders of Stellar Bancorp (STEL) approved the company’s merger with Prosperity Bancshares (PB) at a special meeting of shareholders.

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