BX - Merger Updates: B.Riley/magicJack Brought 7%+ In A Month. A Few New Deals.
Despite taking a longer time than expected B. Riley Financial (RILY)/magicJack (CALL) merger has finally received a green light from FCC and the deal is expected to close on the 14th of November. CALL shareholders are going to receive $8.71/share in cash. Most of the time the spread has been minimal, yet last month due to the concerns with FCC's approval, it has widened even to 20%. Congratulations on the 7%+ in one month (you can find the initial post here).
Takeda(OTCPK:TKPYY)/Shire(SHPG) has set a deadline