A Weekly Update on Special Situations
  • Kaltura $KLTR confirmed receipt of an unsolicited proposal from Panopto.

  • Spirit $SAVE terminated its merger with Frontier $ULCC, agreed to buyout from JetBlue $JBLU.

  • Vnet Group $VNET MBK Partners reportedly considering making a bid above $8/share proposal VNET previously received.

  • ATN International $ATNI reportedly hired Goldman Sachs and is exploring a sale.

  • Radware $RDWR reportedly a takeover target for CrowdStrike $CRWD.

  • Vizio $VZIO subject of takeover interest from Comcast $CMCSA.

  • PayPal $PYPL gained on reports that Elliott Management took a stake in the company.

  • 3M $MMM announced plan to spin-off its health care business.

  • Labcorp $LH announced the spin-off of its clinical development business from its core lab and diagnostics business.
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