MXWL - Merger Arbitrage Mondays - Supercomputer Company Cray Acquired By Hewlett Packard Enterprise

After a very active prior week where we saw nine new deals announced, merger activity decreased last week with two new deals announced and four pending deals closing.

Deal Statistics:

New Deals:

1. The acquisition of Amber Road (AMBR) by E2open for $425 million or $13.05 per share in cash.
2. The acquisition of Cray (CRAY) by Hewlett Packard Enterprise (HPE) for $1.3 billion or $35.00 per share in cash.

Deal Updates:

1. May 13, 2019: T-Mobile US (TMUS) and Sprint (S), fighting to win regulatory clearance for their merger, are considering possible concessions to salvage the deal,

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