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Virtus Investment Partners, Inc.

Close the acquisition of Westchester Capital Management

Deadline passed; outcome being checked

Announced
2 Feb 2021
Due
31 Dec 2021
Status
Checking
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The transaction is expected to close in the second half of the year, subject to customary closing conditions and approvals by Westchester Capital Management Funds Board and shareholders.”

What we found

The deadline has passed. We check for public evidence starting 30 days after the deadline, and repeat the check if nothing clear turns up.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
Acquisition of Westchester Capital Management
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Conditional
Yes: subject to customary closing conditions; approvals by Westchester Capital Management Funds Board and shareholders
Depends on
Partner, Regulatory, Shareholder

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. OutcomeNot yet assessed. Nothing is judged before the deadline.

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Report an error in this entry Reference: KI-C-2021-VRTS-022797 · Corrections policy

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