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home / news releases / ESL - Merger Arbitrage Mondays - October 15 2018


ESL - Merger Arbitrage Mondays - October 15 2018

Merger activity increased last week with eight new deals announced and four pending deals closing.

Deal Statistics:

New Deals:

  1. The acquisition of Rowan Companies (RDC) by Ensco (ESV) for $3.44 billion in an all stock deal. Under the terms of the transaction agreement, Rowan shareholders will receive 2.215 Ensco shares for each Rowan share.
  2. The acquisition of Navios Maritime Midstream Partners (NAP) by Navios Maritime Acquisition Corporation (NNA) for $270.33 million in an all stock deal. Under the terms of the Transaction, public unitholders of Navios Midstream may exchange each Navios Midstream common unit for

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Stock Information

Company Name: Esterline Technologies Corporation
Stock Symbol: ESL
Market: NYSE

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