Lundbeck Shows Up Uninvited With a Higher Offer for Avadel – Merger Arbitrage Mondays
Avadel Pharmaceuticals plc (AVDL): $23.56
Market Cap: $2.28B
Alkermes Deal Size: $2.1B
Lundbeck Offer Size: $2.38B
A new week brings with it a new bidding war that merger arb investors are benefiting from.
Just as Metsera (MTSR) and Pfizer (PFE) closed their merger, putting an end to an interesting battle with Novo Nordisk (NVO), a new situation has emerged,…
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