After a very active prior week where we saw nine new deals announced, merger activity decreased last week with two new deals announced and four pending deals closing.
Deal Statistics:
New Deals:
- The acquisition of Amber Road (AMBR) by E2open for $425 million or $13.05 per share in cash.
- The acquisition of Cray (CRAY) by Hewlett Packard Enterprise (HPE) for $1.3 billion or $35.00 per share in cash.
Deal Updates:
- May 13, 2019: T-Mobile US (TMUS) and Sprint (S), fighting to win regulatory clearance for their merger, are considering possible concessions to salvage the deal,