Merger activity decreased last week, with one new deal announced and seven deals closing.
Deal Statistics:
New Deals:
- The acquisition of Ra Pharmaceuticals ([[RARX]]) by UCB for $2.1 billion, or $48.00 per share in cash.
Deal Updates:
- On October 8, 2019, Prosperity Bancshares ([[PB]]) announced that it has received all regulatory approvals necessary to complete its previously announced merger with LegacyTexas Financial Group ([[LTXB]]). The merger is expected to be effective as of November 1, 2019, subject to the approval of the shareholders of Prosperity and the stockholders of LegacyTexas.
- October 8, 2019: International Speedway