M&A Update – March 21

– USX to be acquired by KNX for $6.15 cash per share, 310.0% premium, $808 million
– FRG received unsolicited proposal from an undisclosed party at $30.00 cash per share, 31.9% premium
– QNCX received unsolicited proposal from Echo Lake Capital at $1.60 cash per share, 90.5% premium
– ISO / BLI deal closed
– IAA / RBA deal closed