M&A Update – Mar 20

– BECN to be acquired by QXO for $124.35 cash per share, up 0.08% from $124.25 hostile proposal, 14.2% premium, $11.0 billion, extended tender offer to Mar 31
– PRA to be acquired by The Doctors Company for $25.00 cash per share, 60.9% premium, $1.3 billion
– TGI / Warburg Pincus / Berkshire Partners filed DEFM14a, vote Apr 16, closing H2 2025
– HEES / HRI filed S-4, filed HSR Mar 12, closing mid-year 2025
– EDR / Silver Lake filed delisting notice, closing Mar 24
– BERY / AMCR filed EC Mar 19, deadline Apr 28