This page is for the abandoned deal with Amherst.
For the current deal with Ares Management Corporation (NYSE: ARES) please visit our latest deal factsheet page.
Amherst Residential and Front Yard Residential (RESI) acquisition information, including expected completion date and offer price, is displayed in the merger details table below.
This deal was abandoned on May 4, 2020
Acquisition Details | Value |
---|---|
Acquisition Target Stock Name | Front Yard Residential |
Acquisition Target Stock Ticker | RESI |
Acquirer Stock Name | Amherst Residential |
Announcement Date | February 18, 2020 |
Target Attitude | FRIENDLY TAKEOVER |
Expected Completion Date | June 30, 2020 |
Deal Value | $2.3bn |
Offer Price | $12.50 |
Payment Method | All Cash Deal |
Initial SEC Filing | 8-K |
Investor Relations | 1 340 692 0525 |
Deal Abandoned Date | May 4, 2020 |
It's FREE! - And we DO NOT spam!
A Successful Merger Arbitrage Limited Registration!
The major Amherst Residential and Front Yard Residential (RESI) buyout news updates & events are listed below. An invaluable data source for traders & investors looking to familiarize themselves with the Amherst Residential takeover of Front Yard Residential (RESI) and trade the risk arbitrage spread. Following the acquisition news and events section, there are in-depth company profiles.
Receive instant FREE access to constantly updated RESI news related to the current merger deal. Simply register by entering your email address to receive weekly publication updates. For more proprietary Merger Arbitrage Limited content and analysis on this buyout, click Front Yard Residential (RESI). Proprietary commentary can also be accessed by simply entering a ticker symbol into the search box in the menu bar above such as “RESI“, or clicking on a stock ticker in the tag cloud at the foot of this article.
Traders can also review similar deal information on current takeover stocks by selecting deals from the “Deal” menu item above or “Closed Deals” for previous buyouts. For broader merger and acquisition news on other constituents of the T20 portfolio, please see our Spread Tracker News feed.
Front Yard Residential (NASDAQ: RESI) Merger - Acquisition News and Events
Front Yard Residential Company Profile
Front Yard is an industry leader in providing quality, affordable rental homes to America’s families. Our homes offer exceptional value in a variety of suburban communities that have easy accessibility to metropolitan areas. Front Yard’s tenants enjoy the space and comfort that is unique to single-family housing, at reasonable prices. Our mission is to provide our tenants with houses they are proud to call home.