Strategic Alternatives & Ongoing Situations

Focus Financial Partners (FOCS) announced an acquisition proposal and exclusivity arrangement with CD&R (Press Release)
Magenta Therapeutics (MGTA) to explore strategic alternatives (Press Release)
Mercury Systems (MRCY) gained on review of strategic alternatives (Press Release), interest from Cobham (Bloomberg)
Veris Residential (VRE) Kushner Cos. reiterated $18.50 / share offer (Press Release)
World Wrestling Entertainment (WWE) CEO says the company's sales process may last about three months and founder McMahon is open to exiting (CNBC)

Rumors

Cvent (CVT) reportedly exploring a sale (WSJ)
Qualtrics (XM) 4% shareholder Silver Lake reportedly mulls a buyout (Bloomberg)
Rapid7 (RPD) reportedly hired advisors to explore a sale (Reuters)

Amarin (AMRN) and activist Sarissa Capital filed opposing literature in ongoing proxy battle (Company, Sarissa)
Green Plains (GPRE) activist investor Ancora Holdings urged the company to explore a sale (Letter)
First Foundation (FFWM) commented on actions by activist Driver Management (Press Release)
Kohl's (KSS) announced a cooperation agreement with Macellum (Press Release)
Nano Dimension (NNDM) shareholder Murchinson Ltd. issued a letter regarding the need for boardroom change (Letter)
Ritchie Bros. Auctioneers (RBA) investor Janus Henderson announced opposition to bid for IAA (IAA) (Reuters)
Rogers (ROG) activist investor Starboard said to build stake (Reuters)
The Walt Disney Company (DIS) sent a letter to shareholders regarding Peltz’s proxy contest (Letter)

FirstEnergy (FE) announced sale of an additional 30% stake in its transmission unit to an affiliate of investment firm Brookfield Asset Management for $3.5bn (Press Release)
Western Digital (WDC) announced a $900mm investment from Apollo (APO), Elliott (Press Release)

Target / Acquirer – Transaction Enterprise Value

Energy & Natural Resources

Healthcare

Industrials

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The content herein is informational and should not be relied upon as fact. Do your own diligence before making any investment decisions.

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