PACB - Merger Arbitrage Mondays - February 4 2019

Merger activity increased last week with two new deals announced and eleven pending deals closing.

Deal Statistics:

New Deals:

1. The merger of Versum Materials (VSM) and Entegris (ENTG) for $4.89 billion in an all-stock deal. Under the terms of the agreement, Versum Materials stockholders will receive 1.120 shares of Entegris for each existing Versum Materials share.
2. The merger of TCF Financial Corporation (TCF) and Chemical Financial Corporation (CHFC) for $5 billion in an all-stock deal. Under the terms of the agreement, TCF shareholders will receive 0.5081 shares of Chemical common stock for each share of

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