M&A Update – July 14

– VBTX to be acquired by HBAN for 1.95x shares, 23.5% premium, $1.9 billion
– MGRM to be acquired by ZBH for $4.04 cash per share + CVR worth up to $12.37, 79.3% premium, $177 million
– ETWO / WTC.au filed DEFM14a, closing H2 2025
– TXNM / Blackstone Infrastructure filed PREM14a, closing H2 2026
– CTLP / 365 Retail Markets filed PREM14a, closing H2 2025
– GMS / HD launched tender offer, expires Aug 8
– ANSS / SNPS cleared China SAMR, closing July 17
– NVEE go-shop expires, HSR expires
– ICAD vote