CADE - Merger Arbitrage Mondays - December 31 2018
Merger activity decreased last week with one new deal announced and one pending deal closing.
Deal Statistics:
New Deals:
- The acquisition of Mindbody (MB) by Vista Equity Partners for $1.9 billion or $36.50 per share in cash.
Deal Updates:
- On December 21, 2018, SiriusXM (SIRI) and Pandora (P) announced the termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Pandora’s special meeting of stockholders to vote on the transaction is scheduled to be held on January 29, 2019. SiriusXM and Pandora continue to expect that the transaction will close in