Merger Arbitrage Blog

Tag: WGL

Merger Trades Update – Jun 2017

SOLD NXP SEMI, VALSPAR NXP SEMI: One regret that I had was that I didn't manage to accumulate a large position in NXP Semiconductor (NXPI). As readers may recall, NXP Semiconductor is being bought over by Qualcomm for $110 in cash per share. The merger is not anticipated to be completed before Q3 but the […]

AltaGas Finally Nabbed US Utility WGL Holdings for $88 per Share

The deal is an all cash transaction. WGL Holdings is up 3% to $81.40 in premarket. The spread could indicate that traders are worried that Trump’s adminstration may block the deal or that regulatory clearance for utilities could take some time, especially when WGL supplies natural gas to the White House. AltaGas to buy Washington […] © 2016 Frontier Theme