Activist Irenic Makes a Bid for Reservoir Media – Merger Arbitrage Mondays
Reservoir Media, Inc. (RSVR): $10 Market Cap: $656M Enterprise Value: $1.09B Ever so often, we come across deal rumors that show patterns that get us excited. One such rumor, or…
Written byAsif SuriaSource: InsideArbitrage
Reservoir Media, Inc. (RSVR): $10 Market Cap: $656M Enterprise Value: $1.09B Ever so often, we come across deal rumors that show patterns that get us excited. One such rumor, or “Deals in the Works” as we like to call it, is a case where an activist investor is stepping into the role of potential acquirer,