Merger activity increased last week with four new deals announced and three pending deals closing.
|Total Number of Deals Closed in 2019||16|
|Total Number of Pending Deals|
|Stock & Cash Deals||16|
|Total Number of Pending Deals||79|
|Total Deal Size||$591.68 billion|
Top 10 deals with largest spreads:
|INUV||11/05/2018||ConversionPoint Technologies, Inc. (N/A)||$2.22||$1.2466||03/31/2019||78.08%||413.06%|
|EHIC||04/06/2018||Teamsport Parent Limited (N/A)||$13.50||$9.73||03/31/2019||38.75%||204.96%|
|AVA||07/19/2017||Hydro One Limited (N/A)||$53.00||$41.3||03/29/2019||28.33%||154.33%|
|CELG||01/03/2019||Bristol-Myers Squibb Company (BMY)||$100.12||$86.27||09/30/2019||16.05%||23.25%|
|S||04/29/2018||T-Mobile US, Inc. (TMUS)||$6.87||$6.07||06/30/2019||13.14%||29.97%|
|TAHO||11/14/2018||Pan American Silver Corp. (PAAS)||$4.10||$3.65||02/26/2019||12.33%||125.00%|
|PACB||11/01/2018||Illumina, Inc. (ILMN)||$8.00||$7.34||06/30/2019||8.99%||20.51%|
|GNW||10/23/2016||China Oceanwide Holdings Group Co., Ltd. (N/A)||$5.43||$5.01||01/31/2019||8.38%||305.99%|
|STC||03/16/2018||Fidelity National Financial, Inc. (FNF)||$47.12||$43.6||06/30/2019||8.08%||18.42%|
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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.
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