M&A Update – February 10

– SUMO to be acquired by Francisco Partners for $12.05 cash per share, 57.1% premium, $1.7 billion
– VLN.to to be acquired by FLS for C$13.00 cash per share, 92.9% premium, C$329 million
– BGRY received non-binding proposal at $1.30 cash per share from Softbank
– APEN shareholders approved BSX deal
– FHN / TD extended outside date to May 27 2023, fully committed to the merger and continue to make significant progress in planning for the closing and the integration of the companies
– ATCO / Consortium announced ISS and Glass Lewis recommend vote For
– HCG.to / Smith Financial Corporation obtained court approval, closing mid-2023
– VLDR vote