Tag Archives: Merger Argitrafe

Destination Maternity (DEST) – Merger Arbitrage – 34% upside

Current Price –$3.49

Offer Price – $4.6

Upside – 34%

Expiration Date – Q3 2017 (expected)

Destination Maternity is due to merge with french Orchestra Premaman (KAZI) and the spread is 34%. The main official rationale for the merger is revenue synergies as both companies are selling complimentary products in different geographies.

Netsuite (N) – Merger Arbitrage – 8.5% upside

Current Price –$100.52

Offer price – $109

Upside – 8.5%

Expiration date – 4th November 2016