InsideArbitrage Event Driven Monitor – October 29, 2025
Merger Arbitrage
- QRVO: The acquisition of Qorvo, Inc. (QRVO) by Skyworks Solutions, Inc. (SWKS) for a closing value of $10.2 billion. Qorvo shareholders will receive $32.5 in cash and 0.96 of a Skyworks common share for each Qorvo share held, which implies a value of $105.31 per Qorvo share. This price is at a premium of 14.3% from the stock’s last close. (Press Release)
- ZEUS: The acquisition of Olympic Steel, Inc. (ZEUS) by Ryerson Holding Corporation (RYI) for a closing value of $791.73 million. Olympic Steel shareholders will receive 1.7105 Ryerson shares of common stock for every Olympic Steel share owned, which implies a value of $40.33 per Olympic share. This is at a 35.12% premium from the stock’s last closing. (Press Release)
- HONE: Eastern Bankshares (EBC) and HarborOne (HONE) announced that all closing conditions under the merger agreement had been satisfied. The merger will become effective on November 1, 2025.
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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