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HandbookThe basics

What is a signed deal?

What it means and how to read it on a deal.

Tracking Alpha

What it is

A deal whose buyer and target have signed a merger agreement, as opposed to a proposal, a rumor or a strategic review.

On the site asDefinitive agreementSigned deals only

How to read it

The list shows signed deals only. A non-binding proposal, or an offer made to holders without the target's agreement, isn't listed. The checklist's Agreement line reads Definitive agreement.

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