Merger & Acquisition Spreads for Nov 23, 2009

The table below shows the latest Merger Arbitrage Spreads.

Name	Ticker	Acquirer	Ticker	Current Price	Day Change	Take Over Price	Price Diff	% Diff	Date Announced
Affiliated Computer Services Inc	ACS	XEROX CORP	XRX	$55.30	0.38%	$57.24	1.94	3.51%	9/28/2009
Allied Capital Corp	ALD	Ares Capital Corp	ARCC	$3.56	1.71%	$3.85	0.29	8.09%	10/26/2009
Allion Healthcare Inc	ALLI	H.I.G. Capital	Private	$6.52	0.15%	$6.60	0.08	1.23%	10/18/2009
Avocent Corp	AVCT	Emerson Electric Co	EMR	$24.97	0.08%	$25.00	0.03	0.12%	10/6/2009
Avigen Inc	AVGN	Medicinova Inc	MNOV	$1.42	-1.39%	$1.19	-0.23	-16.20%	8/21/2009
Black & Decker Corp	BDK	Stanley Works	SWK	$61.00	-0.11%	$62.41	1.41	2.31%	11/2/2009
BJ Services Co	BJS	Baker Hughes Inc	BHI	$18.70	-1.27%	$18.90	0.20	1.07%	8/31/2009
Burlington Northern Santa Fe Corp	BNI	Berkshire Hathaway Ord Shs Class A	BRK/A	$98.10	0.02%	$100.00	1.90	1.94%	11/3/2009
#N/A	BUQ	SCM Microsystems U S Inc	SCMM	#N/A	0.00%	$1.35	#VALUE!	0.00%	9/21/2009
CF Industries Holdings Inc	CF	Agrium Inc	AGU	$82.73	-0.17%	$102.32	19.59	23.68%	2/25/2009
Candela Corp	CLZR	Syneron Medical Ltd	ELOS	$2.89	-2.03%	$2.97	0.08	2.84%	9/6/2009
Chipotle Mexican Grill Inc	CMG.B	Chipotle Mexican Grill Inc	CMG	$83.19	-1.66%	$83.88	0.69	0.83%	10/21/2009
3Com Corp	COMS	Hewlett-Packard Co	HPQ	$7.45	0.13%	$7.90	0.45	6.04%	11/12/2009
Corel Corp	CREL	Vector Capital	Private	$4.25	-1.85%	$4.00	-0.25	-5.88%	10/28/2009
Diedrich Coffee Inc	DDRX	Peet's Coffee & Tea Inc	PEET	$25.99	0.08%	$26.00	0.01	0.04%	11/2/2009
Encore Acquisition Co	EAC	Denbury Resources Inc	DNR	$44.80	0.22%	$49.95	5.15	11.49%	11/2/2009
Facet Biotech Corp	FACT	Biogen Idec Inc	BIIB	$17.24	-0.46%	$14.50	-2.74	-15.89%	9/16/2009
Franklin Electronic Publishers Inc	FEP	Saunder Acquisition	Private	$2.44	-0.81%	$2.35	-0.09	-3.69%	6/1/2009
First Keystone Financial Inc	FKFS	Bryn Mawr Bank Corp	BMTC	$11.79	-0.76%	$12.54	0.75	6.36%	11/3/2009
Republic First Bancorp Inc	FRBK	Metro Bancorp Inc	METR	$4.00	-0.50%	$4.16	0.16	4.02%	11/10/2008
Genesis Lease Ltd	GLS	Aercap Holdings NV	AER	$8.24	-1.44%	$8.36	0.12	1.46%	9/18/2009
GVI Securities Solutions Inc	GVSS	GenNx360 Capital Partners	Private	$0.37	0.00%	$0.38	0.01	2.70%	10/22/2009
Hiland Partners LP	HLND	Founder	Private	$9.81	-0.41%	$10.00	0.19	1.94%	1/15/2009
Harleysville National Corp	HNBC	First Niagara Financial Group Inc	FNFG	$6.04	1.17%	$6.28	0.24	3.98%	7/27/2009
Hiland Holdings GP LP	HPGP	Founder	Private	$3.13	0.00%	$3.20	0.07	2.24%	1/15/2009
Hi Shear Technology Corp	HSR	Chemring Group, PLC		$19.20	-0.05%	$19.18	-0.02	-0.10%	9/16/2009
iBasis Inc	IBAS	KPN, a private company (56% owner)	Private	$2.26	-0.88%	$2.25	-0.01	-0.44%	7/28/2009
ICT Group Inc	ICTG	Sykes Enterprises Inc	SYKE	$16.21	-0.55%	$16.36	0.15	0.91%	10/6/2009
I-Flow Corp	IFLO	Kimberly-Clark Corp	KMB	$12.64	0.00%	$12.65	0.01	0.08%	10/9/2009
iPCS Inc	IPCS	Sprint Nextel Corp	S	$24.00	0.21%	$24.00	0.00	0.00%	10/19/2009
i2 Technologies Inc	ITWO	JDA Software Group Inc	JDAS	$18.31	-0.38%	$18.78	0.47	2.57%	11/5/2009
Sun Microsystems Inc	JAVA	Oracle Corp	ORCL	$8.61	0.12%	$9.50	0.89	10.34%	4/20/2009
Landrys Restaurants Inc	LNY	Tilman Fertitta, CEO		$19.51	0.26%	$14.75	-4.76	-24.40%	11/3/2009
Life Sciences Research Inc	LSR	Lion Holding (private, LSR's Chairman & CEO)		$8.43	0.24%	$8.50	0.07	0.83%	7/8/2009
MPS Group Inc	MPS	Adecco		$13.65	0.37%	$13.80	0.15	1.10%	11/9/2009
MTS Medication Technologies Inc	MTSI	Excellere Partners, LLC	Private	$5.63	0.00%	$5.75	0.12	2.13%	8/7/2009
Marvel Entertainment Inc	MVL	Walt Disney Co	DIS	$51.83	-0.15%	$52.36	0.53	1.03%	8/31/2009
Nobel Learning Communities Inc	NLCI	Knowledge Learning	Private	$8.10	-0.25%	$13.50	5.40	66.67%	3/11/2009
NRG Energy Inc	NRG	Exelon Corp	EXC	$23.81	1.75%	$25.51	1.70	7.15%	10/19/2008
NYFIX Inc	NYFX	NYSE Euronext	NYX	$1.65	-0.60%	$1.65	0.00	0.00%	8/27/2009
On2 Technologies Inc	ONT	Google Inc	GOOG	$0.59	0.00%	$0.66	0.07	11.82%	8/5/2009
OSG America L P	OSP	Overseas Shipholding Group Inc	OSG	$10.22	0.00%	$10.25	0.03	0.29%	8/28/2009
PepsiAmericas Inc	PAS	Pepsico Inc	PEP	$29.57	0.34%	$29.84	0.27	0.91%	8/4/2009
Pepsi Bottling Group Inc	PBG	Pepsico Inc	PEP	$37.87	0.32%	$38.21	0.34	0.91%	8/4/2009
Patriot Capital Funding Inc	PCAP	Prospect Capital Corp	PSEC	$3.89	0.26%	$4.29	0.40	10.32%	8/3/2009
Parallel Petroleum Corp	PLLL	Apollo		$3.14	-0.32%	$3.15	0.01	0.32%	9/15/2009
Monterey Gourmet Foods Inc	PSTA	Pulmuone		$2.68	0.00%	$2.70	0.02	0.75%	10/9/2009
Switch & Data Facilities Co Inc	SDXC	Equinix Inc	EQIX	$18.31	0.05%	$18.56	0.25	1.34%	10/21/2009
SkyTerra Communications Inc	SKYT	Harbinger Capital Partners	Private	$4.87	-0.20%	$5.00	0.13	2.67%	9/23/2009
Semitool Inc	SMTL	Applied Materials Inc	AMAT	$10.97	0.27%	$11.00	0.03	0.27%	11/17/2009
Sinoenergy Corp	SNEN	Company's chairman and president		$1.84	0.00%	$1.90	0.06	3.26%	10/12/2009
Sunair Services Corp	SNR	Massey Services	Private	$2.67	-0.74%	$2.75	0.08	3.00%	10/1/2009
Silicon Storage Technology Inc	SSTI	Prophet Equity LP		$2.48	3.33%	$2.10	-0.38	-15.32%	11/13/2009
Starent Networks Corp	STAR	Cisco Systems Inc	CSCO	$34.40	0.03%	$35.00	0.60	1.74%	10/12/2009
Ticketmaster Entertainment Inc	TKTM			$10.66	-0.28%	$4.11	-6.55	-61.44%	2/10/2009
Terra Industries Inc	TRA	CF Industries Holdings Inc	CF	$40.06	5.14%	$40.55	0.49	1.23%	1/15/2009
Trimeris Inc	TRMS	Arigene Co (a Korean corp)		$3.28	3.47%	$3.60	0.32	9.76%	10/2/2009
Tween Brands Inc	TWB	Dress Barn Inc	DBRN	$10.19	5.49%	$10.19	0.00	0.00%	6/25/2009
Youbet.com Inc	UBET	Churchill Downs Inc	CHDN	$2.90	3.57%	$3.01	0.11	3.85%	11/12/2009
Varian Inc	VARI	Agilent Technologies Inc	A	$51.06	0.08%	$52.00	0.94	1.84%	7/26/2009
Virgin Mobile USA Inc	VM	Sprint Nextel Corp	S	$5.13	-1.72%	$5.14	0.01	0.18%	7/28/2009
VaxGen Inc	VXGN	Oxigene Inc	OXGN	$0.62	1.64%	$0.59	-0.03	-4.86%	10/15/2009
Western Sizzlin Corp	WEST	Steak n Shake Company	SNS	$8.59	-0.12%	$8.07	-0.52	-6.05%	10/22/2009
Waste Services Inc	WSII	IESI BFC Ltd	BIN	$7.78	-0.38%	$8.13	0.35	4.51%	11/12/2009