Back From Vacation: What Happened Since I Left?

The markets never sleep, and while I was away on a (well deserved!) trip, a few things worth mentioning happened in the M&A space

Summer.. always a good time to be checked out of the financial world. But that I’m taking a break doesn’t mean nothing is happening, and before publishing about a new deal hopefully early next week, I want to quickly review what’s happened recently inĀ our little merger arbitrage business now that I’m back from vacation. Continue reading “Back From Vacation: What Happened Since I Left?”

Microsoft Swallows LinkedIn

On June 13, 2016, Microsoft (NASDAQ: MSFT) announced that it had reached an agreement with LinkedIn (NASDAQ: LNKD) to acquire it for US$26.2 billion

The deal prices Linkedin at US$196/share, or a premium of ~50% to the share price as of June 10, 2016, the last day before the public announcement. Continue reading “Microsoft Swallows LinkedIn”