Merger activity increased with seven new deals announced and two deals closing.
Deal Statistics
New Deals
- The acquisition of Carbonite (CARB) by Open Text Corporation (OTEX) for $1.42 billion or $23.00 per share in cash. We added CARB as a potential deal to the Deals in the Works section on September 6, 2019, and the price after the news of the potential deal came out was $15.08.
- The merger of Foamix Pharmaceuticals (FOMX) with Menlo Therapeutics (MNLO) for $177.27 million in an all-stock deal. Under the terms of the merger agreement, each share of Foamix