PTMN - Merger Arbitrage Mondays - M&A Kicks Into High Gear With 9 New Deals Announced
Merger activity increased, with nine new deals announced and six deals closing.
Deal Statistics
New Deals
- The acquisition of LogMeIn (LOGM) by Francisco Partners for $4.3 billion or $86.05 per share in cash. We added LOGM as a potential deal to the Deals in the Works section on December 11, 2019, and the price after the news of the potential deal came out was $79.83.
- The acquisition of Tallgrass Energy (TGE) by Blackstone Infrastructure Partners for $7.93 billion or $22.45 per share in cash.
- The merger of Southwest Georgia Financial Corporation (SGB) with The First