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