* M&A Update – Nov 7
– $IAA to be acquired by $RBA for $10.00 cash + 0.5804x shares, 17.6% premium, $7.3 billion
– $SMU-U to be acquired by $DIR-U/GIC for $23.50 cash per unit, 31.1% premium, $5.6 billion
– $VLDR to be acquired by $OUST for 0.8204x shares, 7.9% premium, $210 mmm
– $OYST to be acquired by $VTRS for $11.00 cash + CVR up to $2.00, 43.7% premium, $311 million
– $IS / $U deal closed
– $TRQ / $RIO postponed vote to Nov 15
– $SJR / RCI court starts
– $AUY superior proposal from $AEM and $PAAS for US$1.04 cash per share + 0.1598x PAAS shares + 0.0376 AEM shares, 23.7% premium, $GFI board convened to consider offer
– $ECOM / CommerceHub / Insight Partners delisting notice, closing Nov 15
– $FBC / $NYCB cleared Fed, closing Dec 1
– $VMW shareholders approved $AVGO deal