EVENT-DRIVEN RESEARCH

We seek to exploit pricing inefficiencies that occur before or after an event

Events include M&A deals, spin-offs, activist investors, share buybacks, significant corporate transactions and special situations

These are diversified by types of risk and risk/return profiles, with an emphasis on value investing principles

Research Service

Our Research – August 2020

Our Research – September 2020

Our Research – October 2020

IPO Monitor – November 2020

 

24 March, 2024

AUNA COMPLETED IPO more

 

24 March, 2024

MASIMO TO EVALUATE THE SEPARATION OF CONSUMER BUSINESS more

 

24 March, 2024

UNILEVER TO SEPARATE ICE CREAM BUSINESS more

 

21 March, 2024

JOHNSON MATTHEY TO SELL MEDICAL DEVICE COMPONENTS BUSINESS FOR  $700 MILLION more

 

21 March, 2024

ALIGHT TO SELL PAYROLL AND PROFESSIONAL SERVICES BUSINESS FOR UP TO $1.2 BILLION more

 

21 March, 2024

REDDIT PRICES IPO more

 

22 February, 2024

CAPITAL ONE TO ACQUIRE DISCOVER FINANCIAL SERVICES more

 

22 February, 2024

WALMART TO ACQUIRE VIZIO IN A $2.3 BILLION DEAL more

 

15 February, 2024

ACTIVIST INVESTOR CARL ICAHN DISCLOSED 9.9% STAKE IN JETBLUE AIRWAYS more

 

15 February, 2024

WHOLE EARTH BRANDS TO BE TAKEN PRIVATE more

 

13 February, 2024

DIAMONDBACK ENERGY TO ACQUIRE ENDEAVOR ENERGY RESOURCES IN A $26 BILLION TRANSACTION more

 

13 February, 2024

GILEAD SCIENCES TO ACQUIRE CYMABAY THERAPEUTICS more

 

13 February, 2024

LUXURY FASHION HOUSE TOD’s TO BE TAKEN PRIVATE IN A DEAL WITH L CATTERTON PRIVATE EQUITY more

 

13 February, 2024

OWENS CORNING TO ACQUIRE MASONITE INTERNATIONAL CORP IN AN $3.9 BILLION TRANSACTION more

 

30 January, 2024

REV GROUP TO EXIT SCHOOL AND TRANSIT BUS MANUFACTURING AND TO PAY SPECIAL DIVIDEND more

 

30 January, 2024

RENAULT GROUP CANCELS IPO OF ITS EV BUSINESS AMPERE more

 

30 January, 2024

WILLSCOT MOBILE MINI TO ACQUIRE MCGRATH RENTCORP IN A $3.8 BILLION TRANSACTION more

 

30 January, 2024

SODEXO EXPECTS TO COMPLETE PLUXEE SPIN-OFF IN FEBRUARY more

 

30 January, 2024

HOLCIM TO SPIN-OFF ITS NORTH AMERICAN BUSINESS more

 

22 January, 2024

SUNOCO LP TO ACQUIRE NUSTAR ENERGY LP IN A $7.3 BILLION TRANSACTION more

 

22 January, 2024

TRICON RESIDENTIAL TO BE ACQUIRED BY BLACKSTONE more

 

22 January, 2024

MACY’S REJECTS BUYOUT OFFER more

 

22 January, 2024

KAMAN TO BE ACQUIRED BY ARCLINE FOR $1.8 BILLION more

 

17 January, 2024

MITER BRANDS TO ACQUIRE PGT INNOVATIONS more

 

16 January, 2024

SYNOPSYS TO ACQUIRE ANSYS IN A $35 BILLION TRANSACTION more

 

16 January, 2024

BURGER KING TO ACQUIRE CARROLS RESTAURANT GROUP more

 

15 January, 2024

SMITH DOUGLAS HOMES PRICES IPO more

 

10 January, 2024

HEWLETT PACKARD ENTERPRISE TO ACQUIRE JUNIPER NETWORKS IN A $14 BILLION TRANSACTION more

 

21 Devember, 2023

HARBOUR ENERGY PLC TO ACQUIRE WINTERSHALL DEA ASSETS IN A $11.2 BILLION TRANSACTION more

 

21 Devember, 2023

KODIAK GAS SERVICES TO ACQUIRE CSI COMPRESSCO LP IN A $854 MILLION DEAL more

 

21 Devember, 2023

AON TO ACQUIRE NFP IN A $13.4 BILLION CASH AND STOCK TRANSACTION more

 

21 Devember, 2023

ALTERYX TO BE ACQUIRED BY PRIVATE EQUITY FUNDS IN A $4.4 BILLION TRANSACTION more

 

19 Devember, 2023

HIRERIGHT RECEIVES BUYOUT PROPOSAL FROM GENERAL ATLANTIC AND STONE POINT CAPITAL more

 

19 Devember, 2023

ZIMVIE TO SELL SPINE BUSINESS TO H.I.G CAPITAL FOR $375 MILLION more

 

19 Devember, 2023

NIPPON STEEL CORPORATION TO ACQUIRE U.S. STEEL IN A $15 BILLION TRANSACTION more

 

19 Devember, 2023

MASONITE INTERNATIONAL CORPORATION TO ACQUIRE PGT INNOVATIONS IN A $3 BILLION TRANSACTION more

 

18 Devember, 2023

W.P. CAREY COMPLETED SPIN-OFF OF NET LEASE OFFICE PROPERTIES more

 

14 Devember, 2023

ICOSAVAX TO BE ACQUIRED BY ASTRAZENECA more

 

14 Devember, 2023

OCCIDENTAL PETROLEUM TO ACQUIRE CROWNROCK IN A $12 BILLION TRANSACTION more

 

14 Devember, 2023

PLAYA HOTELS & RESORTS AUTHORIZED $200 MILLION SHARE BUYBACK more

 

14 Devember, 2023

KONTOOR BRANDS AUTHORIZED $300 MILLION SHARE BUYBACK more

 

14 Devember, 2023

SOLVAY COMPLETED SPIN-OFF OF SYENSQO more

 

7 Devember, 2023

WORTHINGTON INDUSTRIES COMPLETED SPIN-OFF OF WORTHINGTON STEEL more

 

7 Devember, 2023

XENON PHARMATECUTICALS ANNOUNCED CLOSING OF SECONDARY OFFERING more

 

7 Devember, 2023

DANAHER COMPLETED ACQUISITION OF ABCAM more

 

7 Devember, 2023

HCI GROUP ANNOUNCED PRICING OF SECONDARY OFFERING more

 

7 Devember, 2023

ABBVIE TO ACQUIRE CEREVEL THERAPEUTICS IN A $8.7 BILLION TRANSACTION more

 

5 Devember, 2023

ALASKA AIRLINES TO ACQUIRE HAWAIIAN AIRLINES IN A $1.9 BILLION TRANSACTION more

 

5 Devember, 2023

ABBVIE TO ACQUIRE IMMUNOGEN IN A $10 BILLION TRANSACTION more

 

30 November, 2023

ELLIOTT INVESTMENT MANAGEMENT DISCLOSED $1 BILLION STAKE IN PHILLIPS 66, OUTLINES VALUE CREATION OPPORTUNITY IN THE LETTER more

 

30 November, 2023

KRAFT HEINZ AUTHORIZED $3 BILLION SHARE BUYBACK more

 

30 November, 2023

ROVER GROUP TO BE ACQUIRED BY BLACKSTONE more

 

30 November, 2023

MUSTI GROUP RECEIVED BUYOUT OFFER more

 

21 November, 2023

OVINTIV ANNOUNCED PRICING OF SECONDARY OFFERING more

 

20 November, 2023

WORTHINGTON INDUSTRIES TO SPIN-OFF WORTHINGTON STEEL more

 

17 November, 2023

BRIGHTHOUSE FINANCIAL AUTHORIZED $750 MILLION SHARE BUYBACK more

 

17 November, 2023

LEONARDO DRS ANNOUNCED PRICING OF SECONDARY OFFERING more

 

16 November, 2023

THERMO FISHER SCIENTIFIC AUTHORIZED $4 BILLION SHARE BUYBACK more

 

16 November, 2023

HOTEL CHOCOLAT TO BE ACQUIRED BY MARS more

 

16 November, 2023

GOODYEAR TIRE ANNOUNCED STRATEGIC TRANSFORMATION PLAN more

 

16 November, 2023

PRAESIDIUM INVESTMENT MANAGEMENT DISCLOSED 4.9% STAKE IN ZUORA more

 

14 November, 2023

GLENVIEW CAPITAL MANAGEMENT DISCLOSED 5.7% STAKE IN DXC TECHNOLOGY COMPANY more

 

14 November, 2023

DOUBLEVERIFY ANNOUNCED PRICING OF SECONDARY OFFERING more

 

14 November, 2023

TECK RESOURCES ANNOUNCES SALE OF STEELMAKING COAL BUSINESS more

 

14 November, 2023

CARGO THERAPEUTICS PRICES IPO more

 

14 November, 2023

HAMILTON INSURANCE GROUP PRICES IPO more

 

10 November, 2023

BLUEGREEN VACATIONS TO BE ACQUIRED BY HILTON GRAND VACATIONS more

 

10 November, 2023

ASCENDENT CAPITAL PARTNERS DISCLOSED 13.7% STAKE IN HOLLYSYS, PROPOSED TO ACQUIRE THE COMPANY FOR $26 PER SHARE IN CASH more

 

10 November, 2023

GROUPON ANNOUNCED $80 MILLION RIGHTS OFFERING FOR COMMON STOCK more

 

10 November, 2023

KNIFE RIVER CORPORATION ANNOUNCED LAUNCH OF SECONDARY OFFERING more

 

7 November, 2023

CLEARWATER ANALYTICS ANNOUNCED LAUNCH OF SECONDARY OFFERING more

 

7 November, 2023

THE VITA COCO COMPANY ANNOUNCED SECONDARY OFFERING OF COMMON STOCK more

 

7 November, 2023

CORE & MAIN INC ANNOUNCED SECONDARY OFFERING AND SHARE BUYBACK more

 

6 November, 2023

EXXONMOBIL COMPLETED ACQUISITION OF DENBURY more

 

6 November, 2023

TPG COMPLETED ACQUISITION OF ANGELO GORDON more

 

6 November, 2023

NASDAQ COMPLETED ACQUISITION OF ADENZA more

 

6 November, 2023

BLUE APRON TO BE ACQUIRED BY WONDER GROUP more

 

2 November, 2023

WESTERN DIGITAL TO SEPARATE HDD AND FLASH BUSINESSES INTO TWO COMPANIES more

 

31 October, 2023

VODAFONE TO SELL VODAFONE SPAIN TO ZEGONA COMMUNICATIONS more

 

31 October, 2023

SANOFI ANNOUNCED PLANS TO SEPARATE CONSUMER HEALTHCARE BUSINESS more

 

31 October, 2023

INSTRUCTURE HOLDINGS TO ACQUIRE PARCHMENT more

 

31 October, 2023

LUMENTUM TO ACQUIRE CLOUD LIGHT more

 

31 October, 2023

CLARIANT TO ACQUIRE LUCAS MEYER COSMETICS FROM INTERNATIONAL FLAVORS & FRAGRANCES more

 

31 October, 2023

REALTY INCOME TO ACQUIRE SPIRIT REALTY CAPITAL IN $9.3 BILLION TRANSACTION more

 

31 October, 2023

HEALTHPEAK PROPERTIES TO MERGE WITH PHYSICIANS REALTY TRUST more

 

24 October, 2023

ROCHE TO ACQUIRE TELAVANT FROM ROIVANT more

 

24 October, 2023

TEXTAINER TO BE ACQUIRED BY STONEPEAK more

 

24 October, 2023

CHEVRON TO ACQUIRE HESS CORPORATION more

 

18 October, 2023

THERMO FISHER SCIENTIFIC TO ACQUIRE OLINK more

 

17 October, 2023

CHOICE HOTELS PROPOSES TO ACQUIRE WYNDHAM HOTELS & RESORTS more

 

16 October, 2023

VISTA OUTDOOR TO SELL SPORTING PRODUCTS BUSINESS more

 

11 October, 2023

BRISTOL MYERS SQUIBB TO ACQUIRE MIRATI THERAPEUTICS more

 

11 October, 2023

NCR TO SPIN-OFF NCR ATLEOS, NCR CORP TO BE RENAMED NCR VOYIX more

 

11 October, 2023

SCHAEFFLER AG TO LAUNCH TENDER OFFER TO ACQUIRE VITESCO more

 

2 October, 2023

SAMPO COMPLETED MANDATUM SPIN-OFF more

 

2 October, 2023

BAUSCH + LOMB COMPLETES ACQUISITION OF XIIDRA FROM NOVARTIS more

 

2 October, 2023

XEROX TO REPURCHASE SHARES FROM CARL ICAHN more

 

29 September, 2023

ARAMARK TO SPIN-OFF VESTIS, SPIN-OFF TO BE ADDED TO S&P MIDCAP 400 more

 

28 September, 2023

AGCO CORPORATION TO ACQUIRE TRIMBLE AG ASSETS FOR $2 BILLION more

 

28 September, 2023

VISTA OUTDOOR TO HOST INVESTOR DAY more

 

28 September, 2023

SCHOTT PHARMA PRICES IPO more

 

28 September, 2023

SPIN-OFF OF WK KELLOGG CO, KELLOGG COMPANY WILL BE RENAMED KELLANOVA more

 

27 September, 2023

SENSATA TECHNOLOGIS HOSTS INVESTOR DAY, ANNOUNCES SHARE BUYBACK more

 

27 September, 2023

NOVARTIS TO SPIN-OFF SANDOZ more

 

26 September, 2023

DANAHER TO SPIN-OFF VERALTO

 

20 September, 2023

KLAVIYO PRICES IPO more

 

20 September, 2023

INSTACART PRICES IPO more

 

13 September, 2023

BIRKENSTOCK PREPARES FOR IPO more

 

13 September, 2023

ENDEAVOR AND WORLD WRESTLING ENTERTAINMENT CLOSED MERGER TRANSACTION AND LAUNCH TKO GROUP HOLDINGS more

 

12 September, 2023

SMURFIT KAPPA AND WESTROCK AGREE TO MERGE more

 

11 September, 2023

KELLOGG COMPANY BOARD OF DIRECTORS APPROVES SEPARATION INTO TWO COMPANIES more

 

11 September, 2023

THE S.J. SMUCKER CO TO ACQUIRE HOSTESS BRANDS more

 

6 September, 2023

ARAMARK ANNOUNCES NEW NAME FOR THE SPIN-OFF OF ITS UNIFORMS AND WORKPLACE SUPPLIES BUSINESS more

 

1 September, 2023

STANDARD INDUSTRIES TAKES A 10% STAKE IN JOHNSON MATTHEY PLC more

 

25 August, 2023

INSTACART PREPARES FOR IPO more

 

25 August, 2023

DANAHER CORPORATION PLANS TO COMPLETE VERALTO SPIN-OFF more

 

18 August, 2023

ACTIVIST INVESTOR STARBOARD VALUE TAKES A STAKE IN BLOOMIN BRANDS more

 

14 August, 2023

EXOR BECOMES A LONG-TERM INVESTOR IN PHILIPS more

 

10 August, 2023

BORON FAMILY OFFICE TAKES A STAKE IN INTERCONTINENTAL HOTELS GROUP more

 

10 August, 2023

KENVUE SET TO JOIN S&P 500 INDEX more

 

10 August, 2023

TAPESTRY TO ACQUIRE CAPRI HOLDINGS FOR $8.5 BILLION more

 

7 August, 2023

FIESTA RESTAURANT GROUP TO BE ACQUIRED BY AUTHENTIC RESTAURANT BRANDS more

 

7 August, 2023

VERITIV CORPORATION TO BE ACQUIRED BY CD&R FOR $2.3 BILLION more

 

7 August, 2023

CAMPBELL SOUP ANNOUNCED ACQUISITION OF SOVOS BRANDS FOR $2.3  BILLION more

 

25 July, 2023

REUTERS: GOODYEAR TIRE TO ADD THREE DIRECTORS TO SETTLE WITH ELLIOTT more

 

13 July, 2023

EXXONMOBIL ANNOUNCED ACQUISITION OF DENBURY INC FOR $4.9 BILLION more

 

21 June, 2023

IPO MARKET IS NOT COMPLETELY DEAD: SAVERS VALUE VILLAGE PLANS TO RAISE $300 MILLION more

 

20 June, 2023

KODIAK GAS SERVICES FILES FOR IPO more

 

20 June, 2023

BLOOMBERG: ABU DHABI WEALTH FUND ADQ HELD EARLY TALKS TO ACQUIRE LAZARD more

 

19 June, 2023

FINANCIAL TIMES: ASTRAZENECA DRAFTS PLAN TO SPIN OFF CHINA BUSINESS AMID TENSIONS more

 

15 June, 2023

CUMMINS INC COMPLETED AN IPO OF ATMUS FILTRATION TECHNOLOGIES more

 

15 June, 2023

LABCORP EXPECTS TO COMPLETE FORTREA SPIN-OFF IN JUNE 2023 more

 

15 June, 2023

BORGWARNER EXPECTS TO COMPLETE PHINIA SPIN-OFF IN JULY 2023 more

 

15 June, 2023

CAVA GROUP INC PRICES IPO more

 

15 June, 2023

FINANCIAL TIMES: FRESH BLOW TO CITY AS WE SODA PULLS $7.5BN LONDON IPO more

 

13 June, 2023

BUNGE TO ACQUIRE VITERRA IN A STOCK AND CASH DEAL more

 

12 June, 2023

NASDAQ INC TO ACQUIRE ADENZA FROM THOMA BRAVO FOR $10.5 BILLION more

 

7 June, 2023

REUTERS EXCLUSIVE: VODAFONE, HUTCHISON TO ANNOUNCE UK MERGER AS SOON AS FRIDAY more

 

6 June, 2023

FINANCIAL TIMES: ACTIVISTS CLASH WITH LEADING GERMAN CHEMICAL GROUP OVER BOARD VOTE more

 

5 June, 2023

CIRCOR INTERNATIONAL TO BE ACQUIRED BY KKR more

 

5 June, 2023

DECHRA PHARMACEUTICALS PLC TO BE ACQUIRED BY EQT more

 

15 May, 2023

TPG TO ACQUIRE ANGELO GORDON more

 

9 May, 2023

TEMPUR SEALY TO ACQUIRE MATTRESS SPECIALTY RETAILER MATTRESS FIRM FOR ABOUT $4 BILLION more

 

4 May, 2023

ARCONIC CORPORATION TO BE ACQUIRED BY APOLLO FUNDS more

 

3 May, 2023

ASTELLAS PHARMA TO ACQUIRE IVERIC BIO IN $5.9 BILLION DEAL more

 

26 April, 2023

WALL STREET JOURNAL: MICROSOFT’S $75 BILLION DEAL FOR ACTIVISTION BLIZZARD REJECTED BY U.K. more

 

26 April, 2023

NOVARTIS SPIN-OFF SANDOZ IS ON TRACK FOR COMPLETION IN SECOND HALF OF 2023 more

 

26 April, 2023

CARRIER TO ACQUIRE VIESSMANN GROUP FOR EUR 12 BILLION more

 

24 April, 2023

JOHNSON & JOHNSON EXPECTS TO PRICE CONSUMER HEALTH COMPANY KENVUE AT $20 TO $23 PER SHARE more

 

24 April, 2023

SILVER LAKE TO ACQUIRE SOFTWARE AG more

 

23 April, 2023

WALL STREET JOURNAL: J&J CONSUMER-HEALTH IPO PROCESS TO KICK OFF KEY TEST FOR MORIBUND NEW-ISSUE MARKET more

 

21 April, 2023

MADISON SQUARE GARDEN ENTERTAINMENT COMPLETES SPIN-OFF FROM SPHERE ENTERTAINMENT more

 

21 April, 2023

MELROSE INDUSTRIES COMPLETED SPIN-OFF OF DOWLAIS GROUP more

 

19 April, 2023

LOTTOMATICA GROUP SETS IPO PRICE RANGE more

 

19 April, 2023

REUTERS: ITALIAN DESIGN BRANDS TO LIST ON EURONEXT MILAN more

 

18 April, 2023

BLOOMBERG: BRENNTAG ACTIVIST ESCALATES FIGHT, SEEKS BOARD SEATS AT AGM more

 

18 April, 2023

GSK PLC TO ACQUIRE LATE-STAGE BIOPHARMACEUTICAL COMPANY BELLUS HEALTH more

 

18 April, 2023

ACTIVIST INVESTOR LAND & BUILDINGS URGES AIMCO BOARD TO START SALE PROCESS more

 

17 April, 2023

AXIALIS MAKES AN UNSOLICITED OFFER TO ACQUIRE FINNISH UPONOR OYJ more

 

17 April, 2023

MERCK TO ACQUIRE PROMETHEUS BIOSCIENCES FOR $10.8 BILLION more

 

17 April, 2023

PRIMO WATER ANNOUNCES RESOLUTION OF LITIGATION WITH ACTIVIST INVESTOR LEGION PARTNERS more

 

17 April, 2023

SEGA SAMMY HOLDINGS TO ACQUIRE ROVIO ENTERTAINMENT more

 

15 April, 2023

WALL STREET JOURNAL REPORTS THAT SEGA SAMMY HOLDINGS MIGHT ACQUIRE ROVIO ENTERTAINMENT, THE MAKER OF ANGRY BIRDS GAME more

 

14 April, 2023

TRILLIUM CAPITAL REQUESTS SEAT ON GETTY IMAGES BOARD OF DIRECTORS more

 

12 April, 2023

EMERSON ELECTRIC TO ACQUIRE NATIONAL INSTRUMENTS more

 

11 April, 2023

CORE & MAIN INC ANNOUNCED SECONDARY PUBLIC OFFERING AND SHARE REPURCHASE TRANSACTION more

 

3 April, 2023

CRANE SEPARATED INTO TWO NEW INDEPENDENT COMPANIES: CRANE NXT CO AND CRANE COMPANY more

 

29 March, 2023

SAMPO PLC ANNOUNCED THAT AFTER STRATERIC REVIEW, IT DECIDED TO IMPLEMENT A PARTIAL DEMERGER OF MANDATUM LIFE INSURANCE BUSINESS more

 

15 March, 2023

KELLOGG COMPANY UNVEILS NAMES FOR GLOBAL SNACKING AND NORTH AMERICAN CEREAL BUSINESSES FOLLOWING PLANNED SEPARATION more