M&A Insider




Merger Arbitrage

Company Ticker Acquirer Announced Date Deal Price Current Price Spread Expected Close
Cbeyond, Inc. CBEY Birch Communications 4/21/2014 $10.00 $9.83 1.7% 9/30/2014
FedFirst Financial Corporation FFCO CB Financial Services 4/14/2014 $24.05 $22.00 9.3% 12/31/2014
AutoNavi AMAP Alibaba Group 4/11/2014 $21.00 $20.67 1.6% 9/30/2014
Zygo Corporation ZIGO AMETEK 4/11/2014 $19.25 $19.23 0.1% 6/30/2014
OBA Financial OBAF F.N.B. Corporation 4/8/2014 $22.85 $21.96 4.1% 9/30/2014
Vocus VOCS GTCR LLC 4/7/2014 $18.00 $17.98 0.1% 6/30/2014
Questcor Pharmacueticals, Inc. QCOR Mallinckrodt plc 4/7/2014 $87.70 $80.07 9.5% N/A
DFC Global DLLR Lone Star Funds 4/2/2014 $9.50 $9.35 1.6% 9/30/2014
SWS Group SWS Hilltop Holdings 4/1/2014 $8.01 $7.94 0.8% 12/31/2014
LIN Media LIN Media General 3/21/2014 $27.82 $23.73 17.2% 3/31/2015


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