M&A Update – June 10

– DO to be acquired by NE for $5.65 cash + 0.2316x shares, 11.4% premium, $2.1 billion
– ICCH to be acquired by Mutual Capital Group for $23.50 cash per share, 46.9% premium, $73.8 million
– MTTR / CSGP filed S-4/a, vote July 26, pulled and refiled HSR, closing 2024
– MGRC / WSC filed 424b3, vote July 11, closing in 2024
– VSTO received unsolicited $2.0 billion bid for The Kinetic Group, adjourned vote to July 2, rejected MNC Capital’s latest indication of interest
– SNPO / REZI closing June 14
– CALB / BCAL filed DEFM14a, votes July 17, closing Q3 2024
– OSG / Saltchuk Resources launched tender offer, expires July 9, filed HSR June 10
– HIBB / JD Sports cleared HSR, closing Q3 2024
– SLCA go-shop expires
– HCP HSR expires
– DCPH tender expires