M&A Update – August 10

– CPRI to be acquired by TPR for $57.00 cash per share, 64.7% premium, $8.5 billion
– AVID to be acquired by STG for $27.05 cash per share, 32.1% premium, $1.4 billion
– SGTX / LLY tender successful
– HCCI / J.F. Lehman & Company filed PREM14a, filed HSR Aug 2 2023, closing Q4 2023
– RADI / EQT / PSP has obtained all antitrust and direct foreign investment approvals required in connection with the Mergers, with the exception of one foreign direct investment approval that remains outstanding