Merger activity decreased last week with four new deals announced and two pending deals closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.
|Total Number of Deals Closed in 2018||115|
|Total Number of Deals Not Completed in 2018||13|
|Total Number of Pending Deals|
|Stock & Cash Deals||16|
|Total Number of Pending Deals||88|
|Total Deal Size||$1.18 trillion|
Top 10 deals with largest spreads:
|AKRX||04/24/2017||Fresenius Kabi (N/A)||$34.00||$12.98||09/30/2018||161.94%||0.00%|
|SIR||09/17/2018||Government Properties Income Trust (GOV)||$29.26||$21.94||01/31/2019||33.36%||99.01%|
|GNW||10/23/2016||China Oceanwide Holdings Group Co., Ltd. (OTC:HHRBF)||$5.43||$4.17||12/01/2018||30.22%||177.88%|
|SCG||01/03/2018||Dominion Energy, Inc. (D)||$47.02||$38.89||12/31/2018||20.90%||82.91%|
|EHIC||04/06/2018||Teamsport Parent Limited (N/A)||$13.50||$11.35||09/30/2018||18.94%||0.00%|
|KANG||03/26/2018||IK Healthcare Investment Limited (N/A)||$20.60||$18.1||10/31/2018||13.81%||162.63%|
|STC||03/16/2018||Fidelity National Financial, Inc. (FNF)||$50.28||$45.01||06/30/2019||11.71%||15.66%|
|S||04/29/2018||T-Mobile US, Inc. (TMUS)||$7.20||$6.54||06/30/2019||10.06%||13.44%|
|EGC||06/18/2018||Cox Oil affiliate (N/A)||$9.10||$8.36||10/10/2018||8.85%||323.09%|
|ORBK||03/19/2018||KLA-Tencor Corporation (KLAC)||$64.29||$59.44||12/31/2018||8.16%||32.36%|
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This article was written by
I am an entrepreneur and investor with a focus on event driven strategies including merger arbitrage, spinoffs, (legal) insider trading, buybacks and SPACs. I was one of the earliest contributors on Seeking Alpha and started publishing here in 2005. For more than a decade I have been writing every week about M&A and interesting insider transactions. My work has been mentioned in Barron's, Dow Jones, BNN Bloomberg and other publications.
I have been an active investor for more than two decades and my background in technology has helped me built tools that inform my investing process, especially as it relates to event-driven strategies that require updated data and processes. The focus on my Inside Arbitrage service is to provide investors with the right combination of tools and analysis to help them take advantage of strategies that can perform well across market cycles.
Disclosure: I am/we are long COL, UTX, P, RSYS, CALL. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.