TKAYF - Merger Arbitrage Mondays - 2 Chinese Companies Choose To Go Private
Merger activity decreased last week with two new deals announced, and one deal closing.
One of the two new deals announced last week was on our list of potential deals and the other one was a "going private" transaction.
According to Reuters, Australian antitrust regulators expressed concerns regarding Google's (GOOG) (GOOGL) acquisition of Fitbit (FIT) and how it would give Google a large amount of user data thereby raising barriers for rivals. Oddly enough, the spread on the deal narrowed despite this warning.
First Horizon National (FHN) and IBERIABANK Corporation (IBKC) received regulatory approval for