Texas Capital Bancshares (TCBI) – Merger Arbitrage – 13% Upside
Current Price: $28.5
Offer Price: $32.2
Upside: 13%
Expected Closing: H2 2020
Tag Archives: Merger
Moss Bross (MOSB.L) – Merger Arbitrage – 10% Upside
Current Price: £0.20
Offer Price: £0.22
Upside: 10%
Expected Closing: Q2 2020
Zyla Life (ZCOR) – Merger Arbitrage – 26%
Current Price: $1.65
Offer Price: $2.08
Upside: 26%
Expected Closing Date: Q2 2020
Melrose Bank (MELR) – Merger Arbitrage – 10% Upside
Current Price: $22.70
Offer Price: $25.00
Upside: 10%
Expected Closing: Q2
Liberty SiriusXM (LSXMK) – Discount Mean Reversion – 10% Upside
Current Discount: 38%
Average Discount: 28%
Upside: 10%
Expiration Date: TBD
Correvio Pharma (CORV) – Merger Arbitrage – 30% Upside
Current Price: $0.32
Offer Price: $0.42
Upside: 30%
Expected Closing Date: Q2 2020
Craft Brew Alliance (BREW) – Merger Arbitrage – 50% Upside
Current Price: $11.11
Offer Price: $16.50
Upside: 50%
Expected Closing Date: 2020
Kemet (KEM) – Merger Arbitrage – 30% Upside
Current Price: $21.14
Offer Price: $27.20
Upside: 30%
Expected Closing Date: H2 2020
Bitauto (BITA) – Merger Arbitrage – 50% Upside
Current price: $10.45
Consideration price: $16.00
Upside: 50%
Expiration date: TBD
Carroll Bancorp (CROL) – Merger Arbitrage – 13% Upside
Current Price: $19.1
Offer Price: $21.63
Upside: 13%
Expected Closing Date: Q3 2020
RIB Software (RIB.DE) – Merger Arbitrage – 9% Upside
Current Price: €26.66
Offer Price: €29.00
Upside: 9%
Expected Closing Date: Q2 2020
Cineplex (CGX.TO) – Merger Arbitrage – 7% Upside
Current Price: C$31.70
Offer Price: C$34.00
Upside: 7%
Expected Closing: Q2 2020
Standard Diversified (SDI) – Merger Arbitrage – 9% Upside
Current Price: $13.85
Merger Consideration: $15.1
Upside: 9%
Expected Closing Date: Q3 2020
Liquefied Natural Gas (LNG.ASX) – Merger Arbitrage – 48% Upside
Current Price: A$0.135
Offer price: A$0.20
Upside: 48%
Expiration date: TBD
Updates – February 2020
Below is February 2020 update on new and currently active ideas as well as recently closed transactions.