FG - Merger Arbitrage Mondays - Another One Bites The Dust

Merger activity came to a halt last week with no new deals announced, four deals closing and one deal terminated.

This is the second time in four weeks no new deals were announced. We wrote the following three weeks ago,

If the economic situation deteriorates further and impacted industries are not able to benefit from the massive $2 trillion stimulus package that has now passed both houses of congress, there is a good possibility that several of these deals will fall apart.

Studying the material adverse change ((MAC)) clause of a merger agreement may not

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