JPM | US Special Situations Daily: Aug 20, 2026

Research evidence excerpt

Neetu Jhamb - Specialist Sales - US Special Situations AC (1-212) 272-5971

J.P. Morgan Securities LLC

North America Specialist Sales

JPMORGAN

20 August 2026

JPM | US Special Situations Daily: Aug 20, 2026

Neetu Jhamb

(212) 622 5042

Special Sits Today

Flows :2 ways: FBRX, CRNX, APGE Buyer: WBD, OGN, SLP Seller: BEP, BIP Setter: ROKU/FOXA

Today: ESI/SOLS Preliminary S-4 File By; LEG/SGI LEG Vote at 11 AM ET

News & Press:

TWO: I emailed with CrossCountry Mortgage Corporate Development group yesterday to get update on the merger. They

said “The transaction is moving through NY’s typical approval process which takes several months. We still anticipate closing

in August.”

PPC: The board of directors of Pilgrim’s Pride will be forming a special committee of the Board to review and evaluate the

JBS N.V. Proposal.-PR

COX/CHTR: Charter Communications Completes Liberty Broadband Acquisition, Cox Transaction - Link

WBS/SAN: Santander Closes Webster Financial Acquisition, Expanding Northeast Presence With $185B In Loans And

$172B In Deposits - Link

Event Driven Options Activity

WBD (13 trades over 500 contracts), BHF (5 trades over 500 contracts), VAL (4 trades over 500 contracts), TECK (1 trade

over 500 contracts)

Special Situations Commentary

JPM | US Special Situations: Deal Survey of the Americas - August 7, 2026 - Link

Penske Automotive (PAG) Reports Earnings - Link

JPM | M&A 2026 Mid-Year Outlook - Link

Penske Automative (PAG) Offer Summary and Precedent Minority Squeeze Out Transactions - Link

JPM | Special Situations: US Potential M&A / Strategic Reviews: July 9, 2026 - Link

Deal Summary: Vertex to acquire Crinetics (CRNX) - Link

Deal Summary: Fox to acquire Roku - Link

Deal Summary: Sun Pharma to acquire Organon (OGN) - Link

JPM | Special Situations: US Potential M&A / Strategic Reviews: April 23, 2026 - Link

JPM | US Special Situations: US Spin-off Calendar - UPDATES to March 5, 2026 Note

JPM | US Special Situations: US Spin-off Calendar - March 5, 2026 Link

Deal Summary- Texas Instruments (TXN) to acquire Silicon Labs (SLAB) Note

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