M&A Update – Oct 29

– WEN received unsolicited proposal from Trian Partners at $7.35 cash per share, 19.7% premium
– DSGR / LKCM Headwater Investments filed DEFM14a, vote Nov 27
– OPCH / CD&R / McKesson filed PREM14a, closing H1 2027
– ULBI / ENS launched tender offer, expires Dec 3
– SANG / RILY cleared HSR
– FNWD / FFBC cleared Fed, closing Jan 1
– TCBK / FHB votes
– DV vote
– MKTX vote
– BEP rescheduled vote to Nov 30
– BIPC vote

SPAC Update – Oct 29

– WTG filed PRE14a to extend deadline
– COPL extension vote
– SVCC extension vote
– CCXI redemption
– KFII notice
– LB notice

M&A Update – Oct 28

– ULBI to be acquired by ENS for $16.00 cash per share, 151.6% premium, $320 million
– LCII announced unsolicited proposal from Monomoy Capital Partners at $101.00 cash per share, 12.4% premium
– CBZ shareholders approved Grant Thornton Advisors buyout, closing Nov 2
– GSAT / AMZN cleared FCC
– BNKR vote
– VREX vote
– LFCR go-shop expires
– HR-U.to / GO/u.to / ISS recommends vote Against
– MG / H.I.G. Capital cleared Competition Canada
– TECH / MRK cleared Competition Canada
– CU.to / EMA.to filed Competition Canada

SPAC Update – Oct 28

– JACS filed DEF14a to extend deadline to Dec 111 2027, vote Nov 20, NAV $10.86
– Heroic Empire Acquisition (no symbol) filed S-1 for $100 million IPO
– KCA/U filed S-4/a for Nth Cycle deal
– NMP filed PRE14a to extend deadline
– NTWO extension vote

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