The Risk Arbitrage Report for Feb 16, 2010

• SSI Investments to acquire SkillSoft (SKIL).
• Ares Capital (ARCC) and Allied Capital (ALD)  proxy statement is declared effective by the SEC.
• Franklin Publishers (FEP) lowered the termination fee from $650,000 to $325,000.
• The Meridian Resource Corp (TMR) to have shareholder meeting on Mar 30.

The Risk Arbitrage Report will resume Feb 22 after taking a short break during the holiday shortened week.