Merger Arbitrage Mondays: November 28, 2011
By Asif Suria: Merger activity increased last week with four new deals announced and two closing.
You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours.
Deal Statistics:
Total Number of Deals Closed in 2011
183
Total Number of Deals Not Completed in 2011
5
Total Number of Pending Deals
Cash Deals
35
Stock Deals
17
Stock & Cash Deals
10
Total Number of Pending Deals
62
New Deals:
- The acquisition of Transatlantic Holdings (TRH) by Alleghany Corporation (Y) for $3.4 billion in a cash plus stock deal, where shareholders of Transatlantic Holdings will receive 0.145 Alleghany common shares and $14.22 in cash.
- The acquisition of Pharmasset (VRUS) by Gilead Sciences (GILD) for $11 billion or $137 per share in cash.
- The acquisition of Shanda Interactive Entertainment Ltd. (SNDA) by Premium Lead Company Limited (Parent) and New Era Investment Holding for $2.3
- Original article
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