Merger activity increased last week with seven new deals announced and four pending deals closing.
In the context of the merger of Sprint (S) with T-Mobile (TMUS), it was interesting to see a large insider purchase by the Chairman of DISH Network (DISH).
Deal Statistics:
New Deals:
- The acquisition of Gannett (GCI) by New Media Investment Group (NEWM) for $1.94 billion in an all-stock deal. Under the terms of the Merger Agreement, shareholders of Gannett will receive $6.25 in cash and 0.5427 of a New Media share for each Gannett share they hold. We added