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 the massive $23 billion acquisition of Exact Sciences by Abbott Laboratories, the spinoff of Topgolf from Topgolf Callaway being converted into an asset sale to a PE firm, a buyback at a clinical-stage biotech that is pivoting to a royalty-based business model, and a large secondary offering and insider purchases at Biohaven.

Check out InsideArbitrage here: https://www.insidearbitrage.com/?s1=yt&c=p

Check out The Special Situations Report here: https://www.thespecialsituationreport.com/

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

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 a new higher bid for the narcolepsy focused drug company Avadel, a large $1.5 billion stock buyback announcement by grocery delivery company Instacart, several interesting insider purchases now that company executives are outside their earnings related quiet periods, and an activist who is trying to convince a pain management company Pacira BioSciences to put itself up for sale.Check out InsideArbitrage here: https://www.insidearbitrage.com/?s1=yt&c=pCheck out The Special Situations Report here: https://www.thespecialsituationreport.com/

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

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 a potential take private of the real estate firm Kennedy-Wilson by its CEO and Fairfax Financial, a potential deal for the insurance and annuities provider company Brighthouse Financial coming to fruition, an insider purchase at the data center company Core Scientific, and a large $1 billion buyback at affordable luxury products company Capri representing 40% of its market cap at announcement.

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

Check out InsideArbitrage ⁠here⁠ and check out The Special Situations Report ⁠here.

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 a potential deal for satellite connectivity company Globalstar, the battle between Pfizer and Novo Nordisk for the obesity drug company Metsera, an M&A deal with an embedded spinoff that reminds us a lot of Pfizer’s acquisition of Biohaven, and a large buyback at gas station operator Murphy USA

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

We’re proud to release this week’s special episode, an interview with our wonderful guest, Gautam Baid. Gautam is a CFA charterholder and the author of the international best-seller, The Joys of Compounding, a book that was shortlisted in the Berkshire Hathaway selection of 2025. Gautam is also the Managing Partner of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US.

Our conversation with Gautam covered multiple fascinating topics – such as special situations like spinoffs in India, his journey that included applying for 1,300 jobs before finding a portfolio manager position at a multi-billion dollar firm and the numerous lessons he learned along the way. We learned so much from this discussion, and we hope our listeners will too. 

Check out InsideArbitrage here: https://www.insidearbitrage.com/ 

Check out Gautam Baid here: https://stellarwealthindia.com and https://a.co/d/2qPE68F

We apologize for the delay in this week's episode, caused by AWS issues that impacted our podcast recording and processing platform.

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 the merger of two timber REITs, a massive stock buyback at Synchrony Financial, insider purchases amidst some fascinating developments at Sable Offshore, and Starboard Value taking a stake in Keurig Dr Pepper.

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

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

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 five key stories, including the largest leveraged buyout when a consortium of investors decided to buy videogame publisher Electronic Arts, the spinoff of Alphabet’s lifesciences division, a large stock buyback announcement at rare diseases focused biotech Catalyst Pharmaceuticals, an intriguing insider purchase at Miami International Holdings and activist involvement in mental health company Acadia Healthcare.

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

Summary:

We are continuing with our new format by focusing on four key stories, including a deal between the two largest real estate brokerage companies Anywhere Real Estate and Compass,  a combination of stock buybacks and insider buying at the semiconductor company Marvell, the largest insider purchase ever and Elliott’s involvement with enterprise software company Workday.

Because we interviewed Evan Tindell for our podcast last week, we also have several updates related to special situations that have occurred over the last two weeks.

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

We’re proud to release this week’s special episode, an interview with our wonderful guest, Evan Tindell. Evan is the Co-Founder and Chief Investment Officer of Bireme Capital, where he develops firm-wide investment strategy and performs both bottom-up research and portfolio management for the flagship Fundamental Value strategy. Evan was formerly a professional poker player, where his successes included a 10th-place finish at a European Poker Tour event. Our conversation with Evan covered multiple fascinating topics – ranging from investment background, idea generation, parallels between poker and investing, exploiting various investor biases, and so much more. We dived deep into specific companies such as Lyft, with a specific focus on the competitive landscape with the rise of robotaxis like Waymo and the partnership with Baidu. We also discussed the differences between investing in international markets as opposed to the U.S., noting that access to information has improved greatly with the help of AI. We learned so much from this discussion, and we hope our listeners will too. Check out InsideArbitrage here: https://www.insidearbitrage.com/ Check out Evan Tindell here: https://www.biremecapital.com/ and https://x.com/evantindell