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home / news releases / PVTL - Merger Arbitrage Mondays - DryShips Goes Private In A Management Buyout


PVTL - Merger Arbitrage Mondays - DryShips Goes Private In A Management Buyout

Merger activity remained unchanged last week with four new deals announced and one deal closing.

Deal Statistics:

New Deals:

  1. The acquisition of DryShips (DRYS) in a going private transaction for $915.73 million or $5.25 per share in cash. We added DRYS as a potential deal to the Deals in the Works section on June 13, 2019, and the price after the news of the potential deal came out was $3.88.
  2. The acquisition of Empire Resorts (NYNY) by Kien Huat Realty III Limited and Genting Malaysia Berhad for $1.03 billion or $9.74

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Stock Information

Company Name: Pivotal Software Inc. Class A
Stock Symbol: PVTL
Market: NYSE
Website: pivotal.io

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