Weekly Updates on Active US Merger Arb Cases
$UHG: Apr 10, 2026 – Definitive consent and appraisal rights notice filed.
$WBD: Apr 10, 2026 – PSKY syndicated its ~$47B PIPE commitment for the WBD acquisition to institutional investors including Saudi Arabia's PIF, Abu Dhabi's L'imad, and Qatar's QIA; syndicated shares are non-voting, leaving Ellison and RedBird in sole control.
$CVE:LIS: Apr 10, 2026 – Lithium South announced the successful closing of the sale of its Hombre Muerto North project to POSCO; a formal closing ceremony was held in Buenos Aires on Apr 7. Payout timing to be announced in the near future.
$VRE: Apr 10, 2026 – Definitive proxy filed; special shareholder meeting set for May 21.
$STKL: Apr 10, 2026 – HSR waiting period terminated early; remaining conditions include certain regulatory approvals, shareholder approval, and Ontario Superior Court approval.
$TWO: Apr 10, 2026 – Preliminary proxy filed.
$DAWN: Apr 8, 2026 – FTC granted early termination of the HSR Act waiting period on Apr 7.
$FORA: Apr 6, 2026 – Definitive agreement signed; offer bumped to $2.17/share from $2.10.
$FFIC: Apr 6, 2026 – Shareholder approval received; NYDFS and OCC approvals secured; Federal Reserve approval still pending.
$CWAN: Apr 9, 2026 – Definitive proxy filed; special shareholder meeting set for May 4.
$UDMY: Apr 9, 2026 – Shareholder approval received.
$TERN: Apr 7, 2026 – Tender offer commenced; expiration date set for May 4.
$STEL: Apr 3, 2026 – PB filed preliminary proxy.
$MCW: Apr 3, 2026 – Preliminary proxy filed.
$EWCZ: Apr 3, 2026 – Definitive proxy filed; shareholder meeting set for May 7.
$THR: Apr 2, 2026 – Preliminary proxy filed; FTC granted early termination of the HSR Act waiting period.
$LSTA: Apr 2, 2026 – Tender expiry extended to Apr 13.
$CCO: Apr 2, 2026 – Preliminary proxy filed.
$NWE: Apr 2, 2026 – Shareholder approval granted.
$CTRA: Apr 2, 2026 – HSR clearance obtained.
$MPX: Apr 2, 2026 – Definitive proxy filed; special shareholder meeting set for May 12.
$AAUC: Apr 1, 2026 – Shareholder approval granted.
$HTBK: Apr 1, 2026 – All regulatory approvals obtained; closing expected Apr 17.
$ACLX: Apr 1, 2026 – Tender offer extended; now expires Apr 24.
$MASI: Apr 1, 2026 – Definitive proxy filed; special shareholder meeting set for May 1.
$STKL: Apr 1, 2026 – ISS and Glass Lewis recommend voting in favor of the deal.
