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InsideArbitrage Event Driven Monitor – December 8, 2023

  • December 8, 2023

Merger Arbitrage

  1. ESMT: EngageSmart announced that the waiting period under the HSR Act has expired.
  2. SMMF: Summit Financial Group and Burke & Herbert Financial Services Corp. (BHRB) received approval for their merger.
  3. ARCE: The acquisition of Arco Platform Limited (ARCE) by Achieve Holdings was completed on December 7, 2023. It took 119 days for this deal to be completed.

You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here.

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