Sunday, July 23, 2017

The Risk Arbitrage Report for Jul 24, 2017


New Deals:
  • BorgWarner (BWA) to acquire Sevcon Inc (SEV).
  • Sizmek Inc to acquire Rocket Fuel Inc (FUEL).
  • Hydro One (H.TO) to acquire Avista Corp (AVA).
  • The Washington Companies to acquire Dominion Diamond Corp (DDC).
  • Associated Banc Corp (ASB) to acquire Bank Mutual Corporation (BKMU).
  • Delmar Bancorp (DBCP) to acquire Liberty Bell Bank (NJ) (LBBB).
  • Select Bancorp Inc (SLCT) to acquire Premara Financial (PARA).
Closed Deals:
  • JAB completes acquisition of Panera Bread Co (PNRA).
  • Paypal Holdings Inc (PYPL) completes acquisition of TIO Networks Corp (TNCGF).
  • Apax Partners completes acquisition of Syneron Medical Ltd. (ELOS).
  • Hytera Communications Co., Ltd. completes acquisition of Norsat International Inc (USA) (NSAT).
  • Virtu Financial Inc (VIRT) completes acquisition of KCG Holdings Inc (KCG).
  • First Merchants Corporation (FRME) completes acquisition of Independent Alliance Banks (IALB).
  • Clean Harbors Inc (CLH) completes acquisition of Lonestar West  [$ in CDN] (LSI.V).
  • Norgine  completes acquisition of Merus Labs International Inc (MSLI).
  • AMPLEXOR International completes acquisition of Sajan, Inc. (SAJA).
  • Northwest Bancorp Inc (NBCT) completes acquisition of CenterPointe Community Bank (CENP).

Merger Arbitrage Spreads Jul 24, 2017

The latest stock merger arbitrage spreads: