InsideArbitrage Event Driven Monitor – April 16, 2025
Merger Arbitrage
- ICAD: The acquisition of iCAD, Inc. (ICAD) by RadNet, Inc. (RDNT), for a closing value of $103 million. Under the terms of the agreement, iCAD stockholders will receive 0.0677 shares of RadNet common stock for each share of iCAD common stock they hold, representing about $3.61 per share of iCAD common stock. (Press Release)
- OPTN: OptiNose (OPTN) filed a definitive proxy statement. The special meeting of shareholders will be held on May 16, 2025.
- VCSA: Davidson Kempner expressed strong frustration with the Special Committee of Vacasa (VCSA), accusing it of mishandling the sale process and favoring a deal with Casago Holdings over Davidson Kempner’s superior offer. Davidson Kempner also accused the Committee of collaborating with insider Rolling Stockholders to protect their interests at the expense of public shareholders and called for a majority-of-the-minority vote to ensure fairness.
You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here.
Only plus or premium subscribers can access this post. Subscribe today.
