Summary:

In this episode of the Special Situations Report, hosts Asif and Tamanna Suria discuss the latest developments in the event-driven investing world, focusing on M&A activity, stock buybacks, insider trading, spinoffs, and significant management changes. The two continue with the new format by focusing on four key stories, including multiple investors opposing the acquisition of STAAR Surgical by Alcon, the acquisition of Akero Therapeutics by Novo Nordisk in a $4.7 billion deal, an intriguing insider purchase at Scholar Rock Holdings, and the appointment of a new CFO at Pepsi following activist involvement by Elliott Management.

Keywords:

M&A, merger arbitrage, bidding wars, shareholder opposition, deals in the works, insider buying, insider sales, buybacks, C-suite transitions, spinoffs, activists, activist campaigns, failed mergers, management transitions, special situations, event-driven investing, markets, stocks