InsideArbitrage Event Driven Monitor – April 18, 2024
Merger Arbitrage AGFY: The acquisition of Agrify Corporation (AGFY) by Nature’s Miracle Holding (NMHI) for a closing value of $6.35 million in an all-stock deal. Under the terms of the agreement, Agrify shareholders will receive 0.45 shares of Nature’s Miracle common stock in exchange for each Agrify share. CPRI: On April 17, 2024, NYT reported that the U.S. Federal Trade Commission is preparing to sue to block Tapestry’s (TPR) $8.5 billion takeover of Capri Holdings (CPRI). The F.T.C.’s five commissioners are expected to meet next week to discuss the case. KAMN: On April 17, 2024, shareholders of Kaman Corporation (KAMN) approved the company’s merger with Arcline Investment Management at a special meeting of shareholders. ANSS: On April 17, 2024, Ansys (ANSS) filed a definitive proxy statement. The special meeting of shareholders will be held on May 22, 2024. BATL: On April 16, 2024, Battalion Oil Corporation (BATL) and Fury Resources entered into a Fourth Amendment to the Agreement and Plan of Merger initially dated December 14, 2023. You can check out new deals, all deal updates, and spreads on active deals in our Merger Arbitrage Tool for premium members here. Deal in the Works ZUO: According to Reuters, Zuora (ZUO), which makes subscription management software...
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