President Biden Opposes The Acquisition of U.S. Steel – Merger Arbitrage Mondays
United States Steel (X): $38.85 Deal Size: $14.9 B Market Cap: $8.69 B The largest week-over-week spread change last week occurred with acquisition of United
Read MoreUnited States Steel (X): $38.85 Deal Size: $14.9 B Market Cap: $8.69 B The largest week-over-week spread change last week occurred with acquisition of United
Read MoreHess Corporation (HES): $144.88 Deal Size: $60 billion Last week was very slow on the M&A front with just two micro-cap deals announced, including a
Read MoreHess Corporation (HES): $148.19 Deal Size: $60 billion When I wrote about some of the new positions a group of eight arbitrage focused funds initiated
Read MoreVIZIO Holdings (VZIO): $10.99 Market Cap: $2.17 billion A massive retailer attempts to buy a home electronics company and fails because regulators are concerned about
Read MoreCymaBay Therapeutics: $31.17 Market Cap: $3.69 billion When Gilead Sciences (GILD) announced its all cash acquisition of CymaBay (CBAY) last week for $32.50 per share in
Read MoreMorphoSys (MOR): $17.15 Market Cap: $2.60 billion Over the last few years, we have seen several transactions where a large pharma company acquires a clinical stage biotech
Read MoreMcGrath RentCorp (MGRC): $129.28 Market Cap: $3.03 billion When a company announces a large all stock or stock plus cash acquisition, the stock of the acquiring
Read MoreInhibrx (INBX): $37.62 Market Cap: $1.77 billion The $2.2 billion acquisition of clinical stage biotech company Inhibrx (INBX) by Sanofi (SNY) that was announced last week
Read MoreSpirit Airlines (SAVE): $6.68 Market Cap: $729.24 million Enterprise Value: $6.4 billion Last week for difficult for arbitrageurs that participate in deals with large spreads
Read MoreFirst Financial Northwest (FFNW): $20.65 Market Cap: $189 million Last week turned out to be a very active week on the M&A front with multiple new
Read MoreCerevel Therapeutics (CERE): $42.26 Cambridge, Massachusets based Cereval Therapeutics has experienced three significant event-driven situations in just five years. The company, which focuses on treatments for
Read MoreHappy New Year! Wishing all of you a wonderful 2024. Wyndham Hotels & Resorts (WH) $80.41 Considering M&A activity slowed down significantly during a holiday
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