M&A Insider




Merger Arbitrage

Company Ticker Acquirer Announced Date Deal Price Current Price Spread Expected Close
GFI Group GFIG CME Group 7/30/2014 $4.55 $4.53 0.4% 3/31/2015
Le Gaga GAGA Harvest Parent Limited 7/30/2014 $4.06 $3.91 3.8% 12/31/2014
Trulia TRLA Zillow 7/28/2014 $63.73 $60.53 5.3% 3/31/2015
Family Dollar Stores, Inc. FDO Dollar Tree 7/28/2014 $73.13 $74.75 -2.2% 3/31/2015
QR Energy, LP QRE BreitBurn Energy Partners, L.P. 7/24/2014 $20.86 $20.10 3.8% 1/31/2015
Shire plc SHPGF AbbVie 7/18/2014 $88.69 $82.15 8% 12/31/2014
International Game Technology IGT GTECH S.p.A 7/16/2014 $18.25 $16.93 7.8% 6/30/2015
ZipRealty ZIPR Realogy Holdings 7/15/2014 $6.75 $6.73 0.3% 9/30/2014
Rockwood Holdings ROC Albemarle 7/15/2014 $80.11 $78.94 1.5% 3/31/2015
Lorillard LO Reynolds American 7/15/2014 $66.75 $60.48 10.4% 6/30/2015


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