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Is Matterport a Worthy Merger Arbitrage Play?

The Motley Fool

As a result, the proposed acquisition creates an opportunity known as merger arbitrage -- a short-term investing strategy where you buy stocks of companies trading below their acquisition prices. or more 0.02906 shares Matterport's Merger Arbitrage Opportunity As of this writing, Matterport trades for roughly $4.40

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Northern Oil and Gas makes PE-owned Granite Ridge bid

Private Equity Wire

Northern Oil and Gas has made an acquisition offer for Granite Ridge Resources, a smaller US producer with operations in several major basins, including the Permian and Eagle Ford, according to a report by Reuters citing sources familiar with the matter. The firm’s other co-founder, Kirk Lazarine, also sits on Granite Ridges board.

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Update: Cinven seals €3.5bn exit from Viridium in landmark Allianz-led deal

Private Equity Insights

The transaction values Viridium at 3.5bn, including debt. Since then, the insurer has expanded through acquisitions, including Skandia and Entis, growing its assets under management from 5bn to 67bn and its policyholder base from 600,000 to 3.4

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Big Oil Battle: ExxonMobil and Chevron Are Fighting Over This Oil-Rich Spot

The Motley Fool

The oil companies currently find themselves on opposite ends of a major dispute stemming from Chevron's pending acquisition of Hess (NYSE: HES) , which it made as a countermove following Exxon's mega-deal for Pioneer Natural Resources. billion, including debt. Exxon believes Chevron's pending acquisition of Hess triggers this clause.

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Why Spirit Airlines Stock Is Losing Altitude Today

The Motley Fool

The planned acquisition of Spirit Airlines (NYSE: SAVE) by JetBlue Airways (NASDAQ: JBLU) is officially off, and investors are worried about what comes next for Spirit. A deal doomed from the start JetBlue and Spirit agreed to combine in July 2022 after JetBlue won a bidding war against Frontier Group Holdings. airlines."

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Why Terran Orbital Rocketed Higher This Week

The Motley Fool

It came public via a reverse merger with a special purpose acquisition company during the SPAC boom, and its stock has fallen by nearly 90% since its debut. The defense prime is offering $1 per share in a deal that would value the company at $600 million, including the assumption of $313 million in debt.

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Here's the Latest on Amazon's Acquisition of iRobot at the End of 2023

The Motley Fool

The acquisition has stalled over regulatory concerns, and its initial terms have been amended. Nonetheless, iRobot shares are currently trading 43% below the updated acquisition price, creating a significant merger arbitrage opportunity. A brief timeline of Amazon's proposed acquisition of iRobot In Aug.