M&A Insider




Merger Arbitrage

Company Ticker Acquirer Announced Date Deal Price Current Price Spread Expected Close
Family Dollar Stores, Inc. FDO Dollar Tree 7/28/2014 $73.16 $75.42 -3% 3/31/2015
International Game Technology IGT GTECH S.p.A 7/16/2014 $18.25 $17.20 6.1% 6/30/2015
Kodiak Oil & Gas KOG Whiting Petroleum 7/13/2014 $15.55 $15.60 -0.3% 12/31/2014
Lorillard LO Reynolds American 7/15/2014 $67.24 $61.43 9.5% 6/30/2015
QR Energy, LP QRE BreitBurn Energy Partners, L.P. 7/24/2014 $21.82 $20.92 4.3% 1/31/2015
Rockwood Holdings ROC Albemarle 7/15/2014 $83.19 $82.19 1.2% 3/31/2015
Shire plc SHPGF AbbVie 7/18/2014 $89.73 $83.93 6.9% 12/31/2014
Trulia TRLA Zillow 7/28/2014 $67.02 $62.58 7.1% 3/31/2015
URS Corporation URS AECOM Technology 7/14/2014 $58.51 $57.99 0.9% 10/31/2014
ZipRealty ZIPR Realogy Holdings 7/15/2014 $6.75 $6.73 0.3% 9/30/2014


Highlighted Deal

On February 14, H.J. Heinz Co. (NYSE: HNZ) confirmed a deal to be acquired by Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) and 3G Capital for $72.50 per share in cash or $28 billion.

The per share price represents a 20% premium to Heinz’s closing share price of $60.48 on February 13, 2013, a 19% premium to Heinz’s all-time high share price, a 23% premium to the 90-day average Heinz share price and a... CONTINUE