The shipping company ZIM is being bought out for $35/share in an all cash deal which is expected to close later this year and has already received shareholder and board of directors approval. However the opportunity lies because the shares are trading at $25 which is a significant discount to the acquisition price. The deal is expected to go through and can still get close to $10 per share which is a 40% discount. They also have a competing buyout bid of $37/share by another company that was announced right after the other one but the board has not recommended to go with the higher bid which might be why its trading at a discount. Seems like a decent risk reward investment from here.