The Risk Arbitrage Report for Apr 26, 2010

Here is the latest stock merger news on deals being tracked.


New Deals:

• The GEO Group (GEO) to acquire Cornell Companies (CRN).
• Visa (V) to acquire CyberSource (CYBS) for $26 in cash.
• Century Link (CTL) to acquire Qwest (Q).
• Donegal Group (DGICA)  to acquire Union National Financial Services (UNNF.OB).

Completed Deals:

• Abbott (ABT) completes acquisition of Facet Biotech (FACT).
• Pegasystems (PEGA) completes acquisition of Chordiant Software (CHRD).
• Lone Star Funds completes acquisition of Lodgian (LGN).

Deal Updates:

• Varian (VARI) extends end date to Jul 26 on remaining regulatory approvals.
• Javelin Pharmaceutical (JAV) terminates agreement with Myriad Pharemaceuticals (MYRX).
• Javelin Pharmaceutical (JAV) accepts merger with Hospira (HSP) for $2.20 in cash.
• HSR expires for Millipore (MIL) and Merck KGaA deal.
• Sauer-Danfoss (SHS) recommends shareholders reject Danfoss offer.
• RCN Corp (RCNI) sets shareholder vote for May 19.
• Equinix (EQIX) and Switch & Data (SDXC) announce DOJ closed investigation and HSR terminated.
• CKE Restaurants (CKR) receives superior offer and terminates merger with Thomas H Lee.
• CKE Restaurants (CKR) accepts offer from Apollo Management for $12.55 cash.