Dechert

Japan-based Softbank Group Corp (OTC: SFTBF) (OTC: SFTBY) and UK-based ARM Holdings plc (ADR) (NASDAQ: ARMH) announced on Monday the two companies will merge. As part of the agreement, SoftBank will acquire ARM Holdings for the equivalent of $67.27 per ADR-traded share, or roughly $32 billion. The...