SOLY News and Press, Soliton Inc. From 12/06/21

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....

Prem Watsa’s 13F portfolio value decreased from $3.11B to $3.07B this quarter. Fairfax Financial’s largest three stakes are Atlas Corp., BlackBerry, and Resolute Forest Products. They together account for ~76% of the 13F assets. The 13F securities form a small portio...

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...

Atlas Holdings acquires R.R. Donnelley & Sons at a 29.1%. Chatham Asset Management offered to acquire R.R. Donnelley a range of $9.00 to 9.50 per share in cash. The go shop period is very short and if the company's management does not engage with Chatham, shareholders would en...

Potential deal in the works, Momentive Global to be acquired by Zendesk. Zendesk, Momentive stocks fell after the deal was announced. Zendesk investors are clearly not happy with this deal and the stock received multiple downgrades after the deal was announced. For further d...

Potential deal in the works Aspen Technology materializes. Two deals with Contingent Value Rights announced last week. Navios Maritime Partners completed the acquisition of Navios Maritime Acquisition Corporation. For further details see: Merger Arbitrage Mondays: Emerso...

Qualcomm and SSW Partners outbid Magna to buy Veoneer. Veoneer to pay a termination fee of $110 million to Magna. Meredith Corporation acquired by IAC/InterActiveCorp and Gray Television. For further details see: Merger Arbitrage Mondays - Qualcomm And SSW Partners Win T...

Merck acquires Acceleron for $180 per share in cash. Amicus Therapeutics to launch a genetic medicine company, Caritas Therapeutics through a business combination agreement with ARYA Sciences Acquisition Corp IV. Five9 and Zoom Video Communications mutually terminate their merger ...