M&A Update – March 4

– SAVE / JBLU deal terminated
– M confirmed revised unsolicited proposal at $24.00 cash per share from Arkhouse and Brigade
– SPR confirmed merger discussions with BA
– VSTO received indication of interest at $35.00 cash per share from MNC Capital, rejected by the Board of Directors
– LLAP received unsolicited proposal from LMT at $1.00 cash per share and $70 million for the warrants
– MDC / Sekisui House cleared HSR
– AMAM / JNJ delisting notice, closing Mar 6
– CSTR shareholders approved ONB merger, closing Apr 1
– SWN / CHK file PREM14a, filed HSR Feb 1, closing Q2 2024
– SQNS tender expires