Merger activity increased last week with two new deals announced and two deals closing.
Deal Statistics:
New Deals:
- The acquisition of United Community Financial (UCFC) by First Defiance Financial (FDEF) for $473 million in an all-stock deal. Under the terms of the merger agreement, shareholders of United Community will receive 0.3715 shares of First Defiance common stock for each share of United Community common stock.
- The acquisition of Fibrocell Science (FCSC) by Castle Creek Pharmaceutical Holdings for $63.3 million or $3.00 per share in cash.
Deal Updates:
- On September 9, 2019, DryShips (DRYS) announced that