M&A Update – Sept 24

– SMAR to be acquired by Blackstone / Vista Equity Partners for $56.50 cash per share, 24.6% premium, $8.4 billion
– VBFC to be acquired by TOWN for $80.25 cash per share, 48.6% premium, $120 million
– LWAY / Danone announced unsolicited proposal at $25.00 cash per share, 16.3% premium
– LBRDA communicated a counterproposal to the Special Committee of CHTR at 0.2900x shares, 60.6% premium
– VSTO / Gates Capital announced it will vote Against CSG deal, adjourned vote to Oct 9
– EDR / Silver Lake filed PRER14c, closing Q1 2025
– DM / NNDM announced ISS recommends vote For
– ENV vote