Merger activity remained steady last week with four new deals announced and three deals completed. The Genworth Financial (GNW) deal was finally officially terminated last week after years of delays. We tracked all the ups and downs for well over ...
Merger Arbitrage Mondays
Merger Arbitrage Mondays – BAM Sweetens Its Bid For Brookfield Property Partners
Merger activity decreased last week with four new deals announced and eight deals completed. There was a significant drop in SPAC activity last week with only two new SPAC IPOs filed and four SPAC business combinations announced. We added Brookfield Property ...
Merger Arbitrage Mondays – Multiple Deals In Bidding Wars
We live in very interesting times if you are an event-driven investor. On the one hand we had the partial implosion in SPACs that caused many of them to swing from trading at a premium to NAV to go the ...
Merger Arbitrage Mondays – Coherent Shareholders Delighted By Another Round Of Counteroffers
Merger activity remained steady last week with four new deals announced and six deals completed. Two of the largest deals of this year were announced last week. Headquartered in Calgary, Canada, Shaw Communications (SJR) operates as a connectivity company through ...
Merger Arbitrage Mondays – Bidding Wars and Revised Agreements
Merger activity decreased last week with four new deals announced and one deal completed. There was a decline in SPAC activity as well with 25 new SPAC IPOs announced last week compared to 36 in the previous week. As indicated ...
Merger Arbitrage Mondays – SPAC IPOs Break Another Record
Merger activity decreased last week with five new deals announced and four deals completed. Two of the five deals announced were successful “deals in the works”. Founded in 1973 in Dallas, Texas, The Michaels Companies is one of America’s largest ...
Merger Arbitrage Mondays – SPAC IPOs Set A New Record
Merger activity increased last week with six new multi-billion dollar deals announced and four deals completed. The total value of the 19 deals announced in February was over $66 billion. The month of February also saw a new record set ...
Merger Arbitrage Mondays – Consolidation
Merger activity decreased last week with four new deals announced and four deals completed. Founded in 2013 and headquartered in Oklahoma, Enable Midstream Partners (ENBL) owns, operates, and develops midstream energy infrastructure assets in the United States. On February 17, 2021, ...
Merger Arbitrage Mondays – Bidding War For Coherent Continues
Merger activity increased last week with five new deals announced and four deals completed. There were also eleven new SPAC business combinations announced last week and six new potential deals in the works. The highlight for last week was the ...
Merger Arbitrage Mondays – Chevron Proposes to Buy Out Noble Midstream Partners
Merger activity increased last week with four new deals announced and one deal completed. The action was mostly in the red hot SPAC area where we saw the pace of IPOs and business combination announcements continue unabated. On Friday, February ...