SJRWF News and Press, Shaw Communications Inc From 03/07/22

Three potential deals come to fruition. Healthcare Trust of America to combine with Healthcare Realty Trust in a stock plus cash deal. Chevron to acquire Renewable Energy Group for $3.15 billion, or $61.50 per share, representing a premium of 40.38%. Cedar Realty Trust enters ...

Tegna agrees to be acquired by Standard General after over three years of bidding war. As part of the deal, Tegna shareholders could also receive additional cash consideration in the form of an unusual “ticking fee”. Zendesk (ZEN) terminated its merger agreement with...

Lockheed Martin terminates deal with Aerojet Rocketdyne. On January 25, 2022, the Federal Trade Commission sued to block the deal. Frontier Group Holdings to acquire Spirit Airlines. For further details see: Merger Arbitrage Mondays: Lockheed Martin Scraps Plans ...

Potential deal in the works - Cerner to be acquired by Oracle in mega tech deal. The acquisition of Cerner by Oracle could be a net negative for Oracle shareholders considering how challenging the integration of the company is likely to be. The size of the deal ($28.4 billion incl...

The acquisition of Arena Pharmaceuticals by Pfizer for $4.69 billion. The announcement to acquire Arena comes less than a month after Pfizer closed another $2.2 billion deal. Bottomline Technologies (EPAY), a potential deal in the works, signed a merger agreement with Thoma Bravo....

Saint-Gobain acquires GCP for $32 per share, representing a premium of 21.12%. The tiny 0.72% spread on the GCP deal despite this being a cross-border deal, implies the market might be expecting a competing offer for. JACK wants to eat its TACO, paying a grande premium of over 66%...

R. R. Donnelley receives superior proposal from Chatham Asset Management. Sportsman's Warehouse Holdings and Great Outdoors Group called off their merger deal. PNM Resources faces opposition from New Mexico regulators. Jana Partners urges Zendesk to abandon the Momentive deal....

Initially a VOIP service provider, Vonage refocused its business from a home phone provider to a global business cloud communications provider. This transformation was key to Vonage's recent success. Ericsson to acquire Vonage for $6.2 billion or $21 per share in cash, representin...

CyrusOne (CONE) and CoreSite (COR) agreed to be acquired in deals valued at $15 billion and $10 billion, respectively. Data centers have been a significant area of growth over the last couple of decades. Ranked by colocation and data center revenues, CyrusOne and CoreSite are the ...

McAfee to be acquired by an investor group comprised of Advent, Permira, Crosspoint Capital, CPP Investments, GIC, and ADIA for $14 billion. On November 5, 2021, Bloomberg reported that McAfee was in advanced talks to go private. CorePoint Lodging to be acquired by Highg...