The Risk Arbitrage Report for May 24, 2010

New Deals:

• Universal Health Services Inc. (UHS) to acquire Psychiatric Solutions, Inc. (PSYS).
• Providence Equity Partners to acquire Virtual Radiologic Corporation (VRAD).
• Toronto-Dominion Bank (TD) to acquire South Financial Group Inc. (TSFG).
• Man Group to acquire GLG Partners, Inc. (GLG).
• Thoma Bravo to acquire Double-Take Software, Inc. (DBTK).
• Francisco Partners  to acquire EF Johnson Technologies, Inc. (EFJI).

Completed Deals:

• Fairfax Financial completes acquisition of Zenith National Insurance (ZNT).

Updated Deals:

• Apache Corp. (APA) files S-4 for Mariner Energy, Inc. (ME).
• Hospira Inc. (HSP) extends offer until June 2 and Javelin Pharmaceuticals, Inc. (JAV) is annoyed.
• XTO Energy Inc. (XTO) shareholder meeting scheduled for June 25 to vote on Exxon Mobil Corp. (XOM) deal.
• Thomas Weisel Partners Group, Inc. (TWPG) slips shareholder meeting to June 22 from June 16 to vote on Stifel Financial Corp. (SF) deal.
• HSR expires for Protection One Inc. (PONE) and GTCR deal.
• HSR expires for RiskMetrics Group, Inc. (RISK)  and MSCI Inc. (MXB) deal and expect to close the first week of June.
• Iowa Telecommunications Services, Inc. (IWA) and Windstream Corporation (WIN) expect to close June 1.  
• RCN Corp. (RCNI) shareholders approve merger with ARBY Partners.