InsideArbitrage Event Driven Monitor – October 5, 2022

Quick updates on all six event-driven strategies we follow on InsideArbitrage.

Merger Arbitrage

1. According to The Wall Street Journal, Elon Musk has offered to close his $44 billion deal to buy Twitter (TWTR) on the terms he originally agreed to.
2. The acquisition of First Eagle Alternative Capital BDC (FCRD) by Crescent Capital BDC (CCAP) for $145.6 million or $4.86 per share in cash.
3. The UK’s antitrust regulator set a deadline of March 1 to decide on Microsoft’s (MSFT) planned $69 billion acquisition of Activision (ATVI).

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