M&A Update – May 3

– RUTH to be acquired by DRI for $21.50 cash per share, 34.1% premium, $715 million
– MAXR / Advent International deal closed
– UNVR / Apollo filed DEFM14a, vote June 6, cleared HSR Apr 26, cleared Brazil Apr 24
– BGRY / SoftBank filed PREM14a, filed Investment Canada Apr 21, filed HSR Apr 7
– JNCE tender expires