M&A Update – May 19

– TXNM to be acquired by Blackstone Infrastructure for $61.25 cash per share, 28.0% premium, $11.5 billion
– SVT to be acquired by TDG for $38.50 cash per share, 274.1% premium, $110 million
– TSX closed
– DFS / COF deal closed
– K / Mars filed EC, June 25 deadline
– JWN shareholders approved buyout by Nordstrom Family / Liverpool, closing May 20
– OPOF / TOWN filed PREM14a, closing H2 2025
– DNB HSR expires