This is the second part in new Special Situation series and below you will find additional merger arbitrage situations that I have on my radar. For further details on the series and first batch of M&A cases, please refer to this article.
Reliance Industries - RadiSys (RSYS) All Cash Acquisition
Spread: 9.5%. Expected closing: Q4 2018
Radisys - US based microcap specializing in wireless technologies - to be acquired by Indian conglomerate Reliance Industries for $1.72/share. Deal already approved by RSYS shareholders and buyer's credibility is solid. The main concern is pending