M&A Update – January 22

– NS to be acquired by SUN for 0.4x units, 31.9% premium, $7.3 billion
– M board rejected a $21.00 unsolicited proposal from Arkhouse Management and Brigade Capital Management
– WH / CHH proposed full slate of directors at 2024 annual meeting
– KRTX / BMY filed PREM14a, filed HSR Jan 9, closing H1 2024
– ROVR / BX filed DEFM14a, vote Feb 22, closing Q1 2024
– EGLE / SBLK filed F-4, filed HSR Dec 23, filed German FCO on Jan 12, filed Korea FTC Jan 10, closing H1 2024
– ESMT / Vista Equity Partners delisting notice, closing Jan 26
– RAIN / Pathos AI delisting notice, closing Jan 25
– SAVE / JBLU filed appeal for ruling blocking merger
– AMAM / JNJ filed PREM14a, closing H1 2024
– SRC shareholders approved O merger, closing Jan 23
– MRTX / BMY delisting notice, closing Jan 23
– ICVX / AZN pulled and refiled HSR, extended tender to Feb 16
– SQNS tender extended to Feb 5