PAAS - Merger Arbitrage Mondays - January 7 2018
Merger activity increased last week with two new deals announced and nine pending deals closing.
Deal Statistics:
New Deals:
- The acquisition of MedEquities Realty Trust (MRT) by Omega Healthcare Investors (OHI) for $600 million in a cash plus stock deal. Under the terms of the agreement, MedEquities stockholders will receive a fixed exchange ratio of 0.235 Omega common shares, plus $2.00 in cash for each share of MedEquities common stock held by them. We added MRT as a potential deal to the Deals in the Works section on August 15, 2018, and the price after